Is 97146, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 97146 was a Seller's Market.
Housing Prices in 97146, OR
How much do homes in 97146, OR cost?
Median Sold Price
$538,500
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 97146 was $538,500 in March 2024, up 10.2% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | - | N/A |
2 Bedrooms | $335.3K | $310K | -7.6% |
3 Bedrooms | $477.5K | $536.7K | +12.4% |
4 Bedrooms | $628K | $614.5K | -2.1% |
5+ Bedrooms | $599K | $885K | +47.7% |
Summary: 97146 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 47.7%.
Median Sold Price Compared To Nearby Zip Codes
97146 | $488.5K | $538.5K | +10.2% |
97138 | $592.5K | $565K | -4.6% |
Housing Supply in 97146, OR
How many homes are available in 97146, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The 97146 real estate market had 41 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 97146 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 97146 in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 97146, OR
How long does it take to sell a home in 97146, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 64 Days | +57.3% |
Summary: Homes in 97146 had an average of 64 days on market in Mar 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 97146; 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.