Is Washington County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Washington County has remained a Seller's Market.
Housing Prices in Washington County, OR
How much do homes in Washington County, OR cost?
Median Sold Price
$579,633
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington County was $579,633 in April 2024, up 0.6% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259K | $255K | -1.5% |
2 Bedrooms | $390K | $385K | -1.3% |
3 Bedrooms | $535K | $534.7K | -0.1% |
4 Bedrooms | $699K | $695K | -0.6% |
5+ Bedrooms | $869.3K | $845.6K | -2.7% |
Summary: Washington County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Counties
Columbia County | $440K | $448.6K | +2.0% |
Yamhill County | $474.9K | $480.4K | +1.2% |
Washington County | $576K | $579.6K | +0.6% |
Multnomah County | $513.2K | $499.9K | -2.6% |
Tillamook County | $550K | $531K | -3.5% |
Housing Supply in Washington County, OR
How many homes are available in Washington County, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,871 | 2,120 | +13.3% |
Summary: The Washington County real estate market had 2,120 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 28 | 28 | 0.0% |
2 Bedrooms | 261 | 279 | +6.9% |
3 Bedrooms | 726 | 822 | +13.2% |
4 Bedrooms | 613 | 715 | +16.6% |
5+ Bedrooms | 243 | 276 | +13.6% |
Summary: The Washington County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
454 | 496 | +9.3% |
Asking Price vs. Sold Price
158 Homes Were Sold
Under Asking
132 Homes Were Sold
At Asking
206 Homes Were Sold
Over Asking
Summary: A total of 496 homes were sold or pending in Washington County in April 2024, up by 9.3% month-over-month. Of the 496 sold homes, 32% were sold under asking, 27% were sold at asking, and 42% were sold over asking.
Days on Market for Washington County, OR
How long does it take to sell a home in Washington County, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 33 Days | -13.3% |
Summary: Homes in Washington County had an average of 33 days on market in Apr 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
337 Homes Were Sold
Under 30 Days
101 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During April 2024, 496 homes were sold in Washington County; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.