Is 97132, 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, 97132 has remained a Seller's Market.
Housing Prices in 97132, OR
How much do homes in 97132, OR cost?
Median Sold Price
$497,016
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97132 was $497,016 in April 2024, down 4.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499.5K | $329.5K | -34.0% |
2 Bedrooms | $375K | $387.5K | +3.3% |
3 Bedrooms | $469.9K | $473.7K | +0.8% |
4 Bedrooms | $649.9K | $585K | -10.0% |
5+ Bedrooms | $745K | $685K | -8.1% |
Summary: 97132 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in 97132, OR
How many homes are available in 97132, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 130 | +9.2% |
Summary: The 97132 real estate market had 130 homes for sale in April 2024, a 9.2% 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 | 21 | 20 | -4.8% |
3 Bedrooms | 58 | 69 | +19.0% |
4 Bedrooms | 31 | 27 | -12.9% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 97132 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 decreased by 4.8%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 97132 in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 97132, OR
How long does it take to sell a home in 97132, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 52 Days | -5.2% |
Summary: Homes in 97132 had an average of 52 days on market in Apr 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 97132; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.