Is 97130, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97130 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 97130 was a Buyer's Market.

Key Takeaway

97130 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97130, OR

How much do homes in 97130, OR cost?

Median Sold Price

$1,350,000

$604/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$200,000(+17.4%)

Key Takeaway

Homes in 97130 have sold for 17.4% more than they did a month ago.

Summary: The median home sold price in 97130 was $1,350,000 in April 2024, up 17.4% from last month, and the median price per square foot was $604.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$1.2M
N/A
4 -$1.3M
N/A
5+ $1.1M-
N/A

Summary: 97130 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97130, OR

How many homes are available in 97130, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
811+37.5%

Summary: The 97130 real estate market had 11 homes for sale in April 2024, a 37.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 01
+100.0%
3 67
+16.7%
4 12
+100.0%
5+ 10
-100.0%

Summary: The 97130 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97130, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 97130 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 97130, OR

How long does it take to sell a home in 97130, OR?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days12 Days-2.6%

Summary: Homes in 97130 had an average of 12 days on market in Apr 2024, down by 2.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97130 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 97130; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in 97130, OR

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