Is 97141, 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, 97141 was a Neutral Market.
Housing Prices in 97141, OR
How much do homes in 97141, OR cost?
Median Sold Price
$399,500
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97141 was $399,500 in April 2024, up 5.1% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $609K | $222.2K | -63.5% |
2 Bedrooms | $260K | $298K | +14.6% |
3 Bedrooms | $375K | $405K | +8.0% |
4 Bedrooms | $530K | $634K | +19.6% |
5+ Bedrooms | $575K | $550K | -4.3% |
Summary: 97141 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.5%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in 97141, OR
How many homes are available in 97141, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 54 | +20.0% |
Summary: The 97141 real estate market had 54 homes for sale in April 2024, a 20.0% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 25 | 32 | +28.0% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97141 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 remained the same, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 97141 in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97141, OR
How long does it take to sell a home in 97141, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
112 Days | 140 Days | +24.6% |
Summary: Homes in 97141 had an average of 140 days on market in Apr 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 97141; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.