Is Roseburg, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Roseburg was a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.8K | $90K | -29.6% |
2 Bedrooms | $242.5K | $250K | +3.1% |
3 Bedrooms | $350K | $357.5K | +2.1% |
4 Bedrooms | $410K | $490K | +19.5% |
5+ Bedrooms | $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 | $478K | $525K | +9.8% |
Roseburg | $349K | $358K | +2.6% |
Housing Supply in Roseburg, OR
How many homes are available in Roseburg, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
204 | 208 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 122 | 114 | -6.6% |
4 Bedrooms | 47 | 56 | +19.1% |
5+ Bedrooms | 12 | 13 | +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 2024 | May 2024 | CHANGE |
---|---|---|
36 | 34 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 55 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
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.