Is 97209, 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, 97209 was a Seller's Market.
Housing Prices in 97209, OR
How much do homes in 97209, OR cost?
Median Sold Price
$430,000
$433/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in 97209 was $430,000 in April 2024, the same as last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $337K | -6.4% |
2 Bedrooms | $690K | $677.5K | -1.8% |
3 Bedrooms | $845K | $1.0M | +26.7% |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | $738.7K | - | N/A |
Summary: 97209 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 26.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 97209, OR
How many homes are available in 97209, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
209 | 241 | +15.3% |
Summary: The 97209 real estate market had 241 homes for sale in April 2024, a 15.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 112 | 133 | +18.8% |
2 Bedrooms | 82 | 91 | +11.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97209 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 97209 in April 2024, the same as the previous month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for 97209, OR
How long does it take to sell a home in 97209, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 86 Days | +38.1% |
Summary: Homes in 97209 had an average of 86 days on market in Apr 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 97209; 47% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.