Is Seaside, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Seaside was a Buyer's Market.
Key Takeaway
Seaside 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 Seaside, OR
How much do homes in Seaside, OR cost?
Median Sold Price
$571,500
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Seaside have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Seaside was $571,500 in April 2024, up 5.2% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $372.9K | +35.6% |
| 2 Bedrooms | $435.7K | $496.5K | +13.9% |
| 3 Bedrooms | $546.7K | $565K | +3.3% |
| 4 Bedrooms | $732K | $730K | -0.3% |
| 5+ Bedrooms | $873.7K | $659.9K | -24.5% |
Summary: Seaside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.6%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 24.5%.
Housing Supply in Seaside, OR
How many homes are available in Seaside, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 79 | -7.1% |
Summary: The Seaside real estate market had 79 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 24 | 21 | -12.5% |
| 3 Bedrooms | 39 | 36 | -7.7% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Seaside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seaside, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Seaside in April 2024, down by 36.8% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for Seaside, OR
How long does it take to sell a home in Seaside, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 93 Days | +554.5% |
Summary: Homes in Seaside had an average of 93 days on market in Apr 2024, up by 554.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Seaside are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 12 homes were sold in Seaside; 33% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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