Lane County & McKenzie River Market Update 🏡

Hello, Oregon homeowners and future buyers! Here’s your latest snapshot of the real estate scene in our area—with some fresh data:

🔹 Strong Market Trends:
Lane County:
* Median Home Price: Now at $450,000, up about 5% from last quarter.
* Days on Market: Homes are selling in just 35 days on average.
* Inventory: Tight with roughly 2.5 months of supply.

McKenzie River Area:

* Median Home Price: Around $375,000, marking a 3-4% increase quarter-over-quarter.
* Days on Market: Averaging 40 days before going under contract.
* Inventory: Holding at about 3 months of available listings.

 

🔹 What This Means for You:

* Sellers: Now is a great time to list as demand remains high and inventory is limited.
* Buyers: With interest rates still favorable, acting sooner could secure you a home before further price increases.

 

*** At Willhite Real Estate, our local expertise means we’re always on top of these trends to help you make informed decisions. 

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.