Is Astoria, 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, Astoria has remained a Seller's Market.
Key Takeaway
Astoria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Astoria, OR
How much do homes in Astoria, OR cost?
Median Sold Price
$469,500
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Astoria have sold for 10.6% less than they did a year ago.
Summary: The median home sold price in Astoria was $469,500 in April 2024, down 10.6% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298K | $318.4K | +6.9% |
| 2 Bedrooms | $440K | $440K | 0.0% |
| 3 Bedrooms | $523.5K | $469K | -10.4% |
| 4 Bedrooms | $585.1K | $530K | -9.4% |
| 5+ Bedrooms | $620K | $582.5K | -6.0% |
Summary: Astoria housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 6%.
Housing Supply in Astoria, OR
How many homes are available in Astoria, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 71 | +18.3% |
Summary: The Astoria real estate market had 71 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 31 | 38 | +22.6% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Astoria housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 13 | +333.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Astoria, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Astoria in April 2024, up by 333.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Astoria, OR
How long does it take to sell a home in Astoria, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 62 Days | -19.9% |
Summary: Homes in Astoria had an average of 62 days on market in Apr 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Astoria are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Astoria; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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