Ellie George's Market Report

Eagle Point, OR 97524

Single-Family Homes

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



Eagle Point, OR 97524

Thu Sep 21 2023
This week the median list price for Eagle Point, OR 97524 is $654,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 49. Click here to stay informed with the Eagle Point market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Eagle Point, OR 97524

Thu Sep 21 2023
This week the median list price for Eagle Point, OR 97524 is $654,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 49. Click here to stay informed with the Eagle Point market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Eagle Point market.
Median List Price $654,000
Median Price of New Listings $365,000
Per Square Foot $280
Average Days on Market 131
Median Days on Market 105
Price Decreased 57%
Price Increased 4%
Relisted 2%
Inventory 49
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,237,500 3,345 10 - 20 acres 3 3.5 25 0 1 154
$717,400 2,521 5 - 10 acres 3 2.8 25 1 1 122
$599,450 2,061 8,000 - 10,000 sqft 3 2.3 17 1 1 91
$379,000 1,450 6,500 - 8,000 sqft 3 2 25 5 0 21