Ellie George's Market Report

Rogue River, OR 97537

Single-Family Homes

Principal Broker/Owner #200502069 | Email: ellie@hqoregon.com | 541-601-9582



Rogue River, OR 97537

Wed Dec 04 2024
This week the median list price for Rogue River, OR 97537 is $580,000 with the market action index hovering around 34. This is less than last month's market action index of 40. Inventory has decreased to 19. Click here to stay informed with the Rogue River market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rogue River, OR 97537

Wed Dec 04 2024
This week the median list price for Rogue River, OR 97537 is $580,000 with the market action index hovering around 34. This is less than last month's market action index of 40. Inventory has decreased to 19. Click here to stay informed with the Rogue River market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rogue River market.
Median List Price $580,000
Median Price of New Listings $0
Per Square Foot $292
Average Days on Market 97
Median Days on Market 56
Price Decreased 42%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$862,225 1,860 10 - 20 acres 3 2 23 0 0 38
$650,000 1,918 5 - 10 acres 3 2 47 0 0 70
$450,000 2,073 1 - 2.5 acres 3 2 34 0 0 126
$325,000 1,490 1 - 2.5 acres 3 2 45 0 1 49