New - 1 day on Rocket
$2,612 Closing Credit¹
#24461872, Greg Walczyk, Listing Office: Walczyk Associates Realty
Wilkes Housing Market Report January 2025•Multnomah County, Oregon
Housing Prices in Wilkes, OR
How much do homes in Wilkes, OR cost?
Housing Market Conditions
Is Wilkes, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wilkes is a Seller's Market
Difference Since January 2024
Since last year, Wilkes has remained a Seller's Market.
Insight
Wilkes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$461,500$265/SqFt
+$12,000
+2.7%
Based on all homes sold in the last 12 months
Insight
Homes in Wilkes have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Wilkes was $461,500 in January 2025, up 2.7% from last year, and the median price per square foot was $265.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 33 Bedrooms | $464.9K | $464.5K | -0.1% |
| 44 Bedrooms | $557.5K | $549K | -1.5% |
| 55+ Bedrooms | $440K | $535K | +21.6% |
| 11 Bedroom | $272K | $222.5K | -18.2% |
| 22 Bedrooms | $380K | $417.5K | +9.9% |
Summary: Wilkes housing price by bedroom type for January 2025, compared to the previous year. The home price for 3 bedroom homes decreased by -0.1%. The home price for 4 bedroom homes decreased by -1.5%. The home price for 5 bedroom homes increased by +21.6%. The home price for 1 bedroom homes decreased by -18.2%. The home price for 2 bedroom homes increased by +9.9%.
Housing supply in Wilkes, OR
How many homes are available in Wilkes, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthJan 2025 | ||
| 442 months agoDec 2024 | -6.8 % Change MoMDec – Jan |
Summary: The Wilkes real estate market had 41 homes for sale in Jan 2025, a 6.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 122 months agoDec 2024 | -41.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 15 | 13 | -13.3% |
| 44 Bedrooms | 4 | 3 | -25.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 22 | 22 | 0.0% |
Summary: Wilkes housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes decreased by -13.3%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Wilkes, OR cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Wilkes, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Wilkes in January 2025, down by 41.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and and 0% were sold over asking.
Days on Market for Wilkes, OR
How long does it take to sell a home in Wilkes, OR?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Many homes in Wilkes are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 7 homes were sold in Wilkes; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 110 DaysThis YearJan 2025 | ||
| 29 Days1 year agoJan 2024 | +279.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Wilkes had an average listing age of 110 days in Jan 2025, up by 279.3% compared to the previous year.
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Newest Listings in Wilkes, OR
What homes are available in Wilkes, OR?
New - 3 days on Rocket
$5,522 Closing Credit¹
#569109373, Stephanie Peck, Michelle Woster, Listing Office: eXp Realty, LLC
New - 4 days on Rocket
$5,783 Closing Credit¹
#549665794, Alan Daniels, Paula Skenzich, Listing Office: Works Real Estate
$4,572 Closing Credit¹
#652391954, Jeff Walker, Listing Office: RE/MAX Equity Group
$3,741 Closing Credit¹
#697828377, Bethann Prittie, Listing Office: John L. Scott Portland Central
$4,453 Closing Credit¹
#533028505, Ann Leighty, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
$3,799 Closing Credit¹
#476076729, Jason Preuit, Listing Office: Premiere Property Group, LLC
3D tour
$8,134 Closing Credit¹
#775998237, Lesly Hunnicutt, Listing Office: Redfin
$5,195 Closing Credit¹
#24174300, Gary Horton, Listing Office: RE/MAX Equity Group
$6,293 Closing Credit¹
#24117958, Cynthia Bowen, Listing Office: John L. Scott Market Center
$6,698 Closing Credit¹
#24537831, Donna Hanlon, Listing Office: Oregon First
Video tour
$5,641 Closing Credit¹
#24080295, Timothy Saeland, Listing Office: RE/MAX Equity Group
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
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: 2/10/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.