Is Oroville, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oroville is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Oroville has remained a Buyer's Market.

Key Takeaway

Oroville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$75,000(+30.0%)

Key Takeaway

Homes in Oroville have sold for 30% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $669K$170K
-74.6%
2 $209.4K$247K
+17.9%
3 $244.2K$325K
+33.1%
4 $389K$545K
+40.1%
5+ $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 2024May 2024CHANGE
4150+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

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1930
+57.9%
4 1110
-9.1%
5+ 53
-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 2024May 2024CHANGE
46+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oroville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023May 2024CHANGE
133 Days58 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oroville are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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