Is 97030, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 97030 has remained a Seller's Market.
Key Takeaway
97030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97030, OR
How much do homes in 97030, OR cost?
Median Sold Price
$425,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 97030 have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in 97030 was $425,000 in April 2024, down 2.6% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $255K | $285K | +11.8% |
| 3 Bedrooms | $435K | $430K | -1.1% |
| 4 Bedrooms | $489K | $473K | -3.3% |
| 5+ Bedrooms | $562.8K | $545K | -3.2% |
Summary: 97030 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 increased by 11.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 97030, OR
How many homes are available in 97030, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 74 | +10.4% |
Summary: The 97030 real estate market had 74 homes for sale in April 2024, a 10.4% increase 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 | 15 | 14 | -6.7% |
| 3 Bedrooms | 35 | 39 | +11.4% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 97030 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 6.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97030, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 97030 in April 2024, down by 30.0% month-over-month. Of the 14 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for 97030, OR
How long does it take to sell a home in 97030, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 17 Days | -27.2% |
Summary: Homes in 97030 had an average of 17 days on market in Apr 2024, down by 27.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97030 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 97030; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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