Is Roseburg, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseburg is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Roseburg was a Seller's Market.

Key Takeaway

Roseburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Roseburg, OR

How much do homes in Roseburg, OR cost?

Median Sold Price

$358,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$9,000(+2.6%)

Key Takeaway

Homes in Roseburg have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Roseburg was $358,000 in May 2024, up 2.6% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $127.8K$90K
-29.6%
2 $242.5K$250K
+3.1%
3 $350K$357.5K
+2.1%
4 $410K$490K
+19.5%
5+ $472.5K$418K
-11.5%

Summary: Roseburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Cities

North Umpqua
+9.8%
Roseburg
+2.6%

Housing Supply in Roseburg, OR

How many homes are available in Roseburg, OR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
204208+2.0%

Summary: The Roseburg real estate market had 208 homes for sale in May 2024, a 2.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 2022
+10.0%
3 122114
-6.6%
4 4756
+19.1%
5+ 1213
+8.3%

Summary: The Roseburg 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 10%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3634-5.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 34 homes were sold or pending in Roseburg in May 2024, down by 5.6% month-over-month. Of the 34 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.

Days on Market for Roseburg, OR

How long does it take to sell a home in Roseburg, OR?

Average Sale Time

May 2023May 2024CHANGE
67 Days55 Days-18.0%

Summary: Homes in Roseburg had an average of 55 days on market in May 2024, down by 18% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 34 homes were sold in Roseburg; 71% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 21% 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 8 Days Ago

Newest Listings in Roseburg, OR

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