Monmouth, OR

Buyer's market+27.0% YoY

Housing market overview · Updated weekly

$571,500median sale price

Homes sold

2

Last 12 weeks

Days on market

118

Average pace

Active listings

24

12.0 months supply

Sale-to-list

100.0%

Above asking

The Monmouth housing market is currently classified as a buyer's market with a median sale price of $571,500. Prices have risen 27.0% compared to last year, with homes spending an average of 118 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Monmouth

There are currently 24 homes listed for sale in Monmouth, Oregon. The median listing price is $548K.

Active listings

24

Homes on market

Median list price

$548K

Avg. days on market

118

Days until sale

New this week

5

Newly listed

Price drops:20.8%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Monmouth?

The median home sale price in Monmouth is $571,500, up 27.0% from last year.

How long do homes stay on market in Monmouth?

Homes typically spend 118 days on market before going under contract.

Is Monmouth a buyer's or seller's market?

With 12.0 months of supply, Monmouth is currently a buyer's market.

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