Is Oregon, OH 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, Oregon has remained a Seller's Market.
Housing Prices in Oregon, OH
How much do homes in Oregon, OH cost?
Median Sold Price
$213,950
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oregon was $213,950 in May 2024, up 12.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | - | N/A |
2 Bedrooms | $156K | $201K | +28.8% |
3 Bedrooms | $187K | $207.4K | +10.9% |
4 Bedrooms | $250K | $275K | +10.0% |
5+ Bedrooms | $384.5K | $282K | -26.7% |
Summary: Oregon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 26.7%.
Median Sold Price Compared To Nearby Cities
Oregon | $189.9K | $213.9K | +12.7% |
Northwood | $180K | $189.2K | +5.1% |
Allen Township | $162K | $169.9K | +4.9% |
Toledo | $120.1K | $125K | +4.1% |
Housing Supply in Oregon, OH
How many homes are available in Oregon, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The Oregon real estate market had 49 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oregon 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 decreased by 15.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Oregon in May 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for Oregon, OH
How long does it take to sell a home in Oregon, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 44 Days | +5.5% |
Summary: Homes in Oregon had an average of 44 days on market in May 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Oregon; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.