Is Veneta, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Veneta has remained a Seller's Market.
Housing Prices in Veneta, OR
How much do homes in Veneta, OR cost?
Median Sold Price
$424,500
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Veneta was $424,500 in April 2024, up 1.2% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $282K | N/A |
2 Bedrooms | $329K | $360K | +9.4% |
3 Bedrooms | $415K | $419.9K | +1.2% |
4 Bedrooms | $545K | $475K | -12.8% |
5+ Bedrooms | $595K | $875K | +47.1% |
Summary: Veneta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 47.1%.
Median Sold Price Compared To Nearby Cities
Veneta | $419.5K | $424.5K | +1.2% |
Badger Mountain | $467.5K | $430K | -8.0% |
Housing Supply in Veneta, OR
How many homes are available in Veneta, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The Veneta real estate market had 31 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Veneta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Veneta in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Veneta, OR
How long does it take to sell a home in Veneta, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 92 Days | +328.5% |
Summary: Homes in Veneta had an average of 92 days on market in Apr 2024, up by 328.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Veneta; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.