4 hours on Rocket
$6,614 Closing Credit¹
#596099580, Justin Brady, Amber Morgan, Listing Office: Premiere Property Group, LLC
Forest Grove Housing Market Report February 2025•Washington County, Oregon
Housing Prices in Forest Grove, OR
How much do homes in Forest Grove, OR cost?
Housing Market Conditions
Is Forest Grove, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forest Grove is a Seller's Market
Difference Since February 2024
Since last year, Forest Grove has remained a Seller's Market.
Insight
Forest Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$537,450$281/SqFt
-$12,550
-2.3%
Based on all homes sold in the last 12 months
Insight
Homes in Forest Grove have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Forest Grove was $537,450 in February 2025, down 2.3% from last year, and the median price per square foot was $281.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Cornelius | $515K | $520.5K | +1.1% |
| Forest Grove-Cornelius | $526.7K | $524.9K | -0.3% |
| Forest Grove | $550K | $537.4K | -2.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $155K | - | N/A |
| 22 Bedrooms | $362.5K | $391K | +7.9% |
| 33 Bedrooms | $482.9K | $499.2K | +3.4% |
| 44 Bedrooms | $604.9K | $590K | -2.5% |
| 55+ Bedrooms | $666.1K | $688.6K | +3.4% |
Summary: Forest Grove housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.9%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes decreased by -2.5%. The home price for 5 bedroom homes increased by +3.4%.
How does Forest Grove, OR compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Forest Grove, OR
Housing supply in Forest Grove, OR
How many homes are available in Forest Grove, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 101Last MonthFeb 2025 | ||
| 962 months agoJan 2025 | +5.2 % Change MoMJan – Feb |
Summary: The Forest Grove real estate market had 101 homes for sale in Feb 2025, a 5.2 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthFeb 2025 | ||
| 142 months agoJan 2025 | +35.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 9 | +125.0% |
| 33 Bedrooms | 45 | 46 | +2.2% |
| 44 Bedrooms | 32 | 30 | -6.3% |
| 55+ Bedrooms | 15 | 16 | +6.7% |
Summary: Forest Grove housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +125.0%. The inventory for 3 bedroom homes increased by +2.2%. The inventory for 4 bedroom homes decreased by -6.3%. The inventory for 5 bedroom homes increased by +6.7%.
Asking Price vs. Sold Price
How much do homes in Forest Grove, OR cost?
Over Asking Price9 Homes
At Asking Price7 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Forest Grove, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Forest Grove in February 2025, up by 35.7% month-over-month. Of the 19 sold homes, 16% were sold under asking, 37% were sold at asking, and and 47% were sold over asking.
Days on Market for Forest Grove, OR
How long does it take to sell a home in Forest Grove, OR?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days4 Homes
Over 90 Days3 Homes
Insight
Many homes in Forest Grove are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 19 homes were sold in Forest Grove; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 40 DaysThis YearFeb 2025 | ||
| 86 Days1 year agoFeb 2024 | -52.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Forest Grove had an average listing age of 40 days in Feb 2025, down by 52.8% compared to the previous year.
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Newest Listings in Forest Grove, OR
What homes are available in Forest Grove, OR?
4 hours on Rocket
$6,769 Closing Credit¹
#289956916, Keri Johnson, Listing Office: Premiere Property Group, LLC
9 hours on Rocket3D tour
$5,106 Closing Credit¹
#202414513, Alexander Phan, Steven Tran, Listing Office: Keller Williams Realty Professionals
1 day on Rocket
$5,451 Closing Credit¹
#713856050, Jordan Miller, Listing Office: John L. Scott Market Center
7 days on Rocket
$6,531 Closing Credit¹
#593220607, Tyla Young, Karisa Ing, Listing Office: John L. Scott Market Center
7 days on Rocket
$6,306 Closing Credit¹
#388975601, Xinyu Li, Listing Office: MORE Realty
Video tour
$4,274 Closing Credit¹
#184834121, Kent Bounds, Kionna Sakhoeun, Listing Office: RE/MAX Equity Group
$5,105 Closing Credit¹
#719642638, Jim Cavanaugh, Listing Office: Keller Williams Sunset Corridor
3D tour
$10,000 Closing Credit¹
#24562907, Joe Reitzug, Makayla Mast, Listing Office: Cascade Hasson Sotheby's International Realty
3D tour
$6,708 Closing Credit¹
#214956885, Eduardo Chanez, Listing Office: All Professionals Real Estate
Video tour
$6,353 Closing Credit¹
#315954908, Jenna Jordan, Corey Scribner, Listing Office: RE/MAX Equity Group
$4,619 Closing Credit¹
#429221322, Peter Delmar, Listing Office: MORE Realty
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 03/01/2023 - 03/01/2025
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.