Ellie George's Market Report

White City, OR 97503

Single-Family Homes

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



White City, OR 97503

Thu Mar 28 2024
This week the median list price for White City, OR 97503 is $364,999 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 20. Click here to stay informed with the White City market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

White City, OR 97503

Thu Mar 28 2024
This week the median list price for White City, OR 97503 is $364,999 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 20. Click here to stay informed with the White City market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 White City market.
Median List Price $364,999
Median Price of New Listings $345,000
Per Square Foot $272
Average Days on Market 92
Median Days on Market 46
Price Decreased 65%
Price Increased 5%
Relisted 0%
Inventory 20
Median Rent
Market Action 43
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
$979,000 3,040 10 - 20 acres 4 2.5 19 0 0 140
$368,000 1,405 4,500 - 6,500 sqft 3 2 0 0 1 14
$355,000 1,391 4,500 - 6,500 sqft 3 2 12 2 1 49
$335,000 1,144 6,500 - 8,000 sqft 3 2 36 0 0 28