Market Conditions

Keizer Oregon home prices

Keizer Oregon home prices

The home truth for Keizer: 2016 in review

  • Home sales up 2.8% year over year
  • Days on the market had no change year over year
  • Median home price up 10.6% year over year to $240,000.
  • Current inventory 4.8 months
  • Market favors sellers

Keizer has continued to have a robust real estate market.  With the average home price in Portland hitting $420,000, Sherwood at $380,000, and Wilsonville at $400,000, home buyers were heading south to Keizer.  Home sales would have been higher had there been any homes to buy.  Homes appreciated a lot to due to high demand with no supply.  It doesn’t appear that this dynamic will change for 2017 so expect multiple offers in Keizer.