Is 97133, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97133 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 97133 has remained a Seller's Market.

Key Takeaway

97133 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97133, OR

How much do homes in 97133, OR cost?

Median Sold Price

$542,900

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$37,100(-6.4%)

Key Takeaway

Homes in 97133 have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in 97133 was $542,900 in April 2024, down 6.4% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$230K
N/A
2 -$520K
N/A
3 $543.9K$530.9K
-2.4%
4 $594.6K$601.4K
+1.1%
5+ $775K$708.9K
-8.5%

Summary: 97133 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 did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

97231
+16.1%
97106
+2.4%
97056
+1.5%
97133
-6.4%

Housing Supply in 97133, OR

How many homes are available in 97133, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4144+7.3%

Summary: The 97133 real estate market had 44 homes for sale in April 2024, a 7.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1920
+5.3%
4 1515
0.0%
5+ 68
+33.3%

Summary: The 97133 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97133, expect to pay close to the asking price. 88.9% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in 97133 in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 0% were sold under asking, 89% were sold at asking, and 11% were sold over asking.

Days on Market for 97133, OR

How long does it take to sell a home in 97133, OR?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days24 Days-12.0%

Summary: Homes in 97133 had an average of 24 days on market in Apr 2024, down by 12% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97133 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 97133; 67% of homes were sold within 30 days, 33% 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 9 Days Ago

Newest Listings in 97133, OR

Nearby Markets to 97133, OR