Is 97210, 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, 97210 was a Buyer's Market.
Key Takeaway
97210 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97210, OR
How much do homes in 97210, OR cost?
Median Sold Price
$750,000
$386/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 97210 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 97210 was $750,000 in April 2024, up 1.4% from last year, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322K | $308.7K | -4.1% |
| 2 Bedrooms | $475K | $538K | +13.3% |
| 3 Bedrooms | $897.5K | $854.5K | -4.8% |
| 4 Bedrooms | $1.3M | $1.1M | -15.0% |
| 5+ Bedrooms | $1.3M | $1.3M | -0.2% |
Summary: 97210 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 97210, OR
How many homes are available in 97210, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 93 | +29.2% |
Summary: The 97210 real estate market had 93 homes for sale in April 2024, a 29.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 32 | 39 | +21.9% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 9 | 16 | +77.8% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 97210 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97210, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 97210 in April 2024, the same as the previous month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for 97210, OR
How long does it take to sell a home in 97210, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 111 Days | +278.9% |
Summary: Homes in 97210 had an average of 111 days on market in Apr 2024, up by 278.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97210 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 14 homes were sold in 97210; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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