Is 97067, 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, 97067 was a Seller's Market.
Key Takeaway
97067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97067, OR
How much do homes in 97067, OR cost?
Median Sold Price
$422,737
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 97067 have sold for 24.9% less than they did a year ago.
Summary: The median home sold price in 97067 was $422,737 in April 2024, down 24.9% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $423.7K | +10.1% |
| 2 Bedrooms | $451K | $375K | -16.9% |
| 3 Bedrooms | $601K | $425K | -29.3% |
| 4 Bedrooms | $633K | $659.7K | +4.2% |
| 5+ Bedrooms | $883.5K | - | N/A |
Summary: 97067 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 16.9%, 3 bedroom homes decreased by 29.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97055 | $512K | $500K | -2.3% |
| 97049 | $515K | $475K | -7.8% |
| 97067 | $563K | $422.7K | -24.9% |
Housing Supply in 97067, OR
How many homes are available in 97067, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Summary: The 97067 real estate market had 11 homes for sale in April 2024, a 57.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97067 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97067, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 97067 in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 97067, OR
How long does it take to sell a home in 97067, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 32 Days | +384.8% |
Summary: Homes in 97067 had an average of 32 days on market in Apr 2024, up by 384.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97067 has remained consistent over time.
Summary: During April 2024, 1 homes were sold in 97067; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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