Is Oroville, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Oroville has remained a Buyer's Market.
Housing Prices in Oroville, WA
How much do homes in Oroville, WA cost?
Median Sold Price
$325,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oroville was $325,000 in May 2024, up 30% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $669K | $170K | -74.6% |
2 Bedrooms | $209.4K | $247K | +17.9% |
3 Bedrooms | $244.2K | $325K | +33.1% |
4 Bedrooms | $389K | $545K | +40.1% |
5+ Bedrooms | $360K | $330K | -8.3% |
Summary: Oroville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74.6%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 33.1%, 4 bedroom homes increased by 40.1%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in Oroville, WA
How many homes are available in Oroville, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 50 | +22.0% |
Summary: The Oroville real estate market had 50 homes for sale in May 2024, a 22.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 19 | 30 | +57.9% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Oroville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 57.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Oroville in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Oroville, WA
How long does it take to sell a home in Oroville, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
133 Days | 58 Days | -56.3% |
Summary: Homes in Oroville had an average of 58 days on market in May 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Oroville; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.