Is 97013, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 97013 was a Seller's Market.
Housing Prices in 97013, OR
How much do homes in 97013, OR cost?
Median Sold Price
$608,505
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97013 was $608,505 in April 2024, down 2% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $433K | $430K | -0.7% |
3 Bedrooms | $564.9K | $577.9K | +2.3% |
4 Bedrooms | $668.4K | $658K | -1.6% |
5+ Bedrooms | $753.4K | $678.1K | -10.0% |
Summary: 97013 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 97013, OR
How many homes are available in 97013, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 88 | -5.4% |
Summary: The 97013 real estate market had 88 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 49 | 42 | -14.3% |
4 Bedrooms | 30 | 35 | +16.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 97013 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 11 | -52.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 97013 in April 2024, down by 52.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.
Days on Market for 97013, OR
How long does it take to sell a home in 97013, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 123 Days | +74.0% |
Summary: Homes in 97013 had an average of 123 days on market in Apr 2024, up by 74% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 97013; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.