Is 97232, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 97232 has remained a Seller's Market.
Housing Prices in 97232, OR
How much do homes in 97232, OR cost?
Median Sold Price
$715,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97232 was $715,000 in April 2024, up 11.9% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $240K | -5.9% |
2 Bedrooms | $385K | $316K | -17.9% |
3 Bedrooms | $683K | $723K | +5.9% |
4 Bedrooms | $817K | $935K | +14.4% |
5+ Bedrooms | $1.1M | $1.1M | +1.6% |
Summary: 97232 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in 97232, OR
How many homes are available in 97232, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 33 | +37.5% |
Summary: The 97232 real estate market had 33 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 97232 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 increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 97232 in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 97232, OR
How long does it take to sell a home in 97232, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 48 Days | +3.4% |
Summary: Homes in 97232 had an average of 48 days on market in Apr 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 97232; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.