Is 97239, 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, 97239 was a Seller's Market.
Housing Prices in 97239, OR
How much do homes in 97239, OR cost?
Median Sold Price
$579,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 97239 was $579,000 in March 2024, down 10.8% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344.9K | $317.5K | -8.0% |
2 Bedrooms | $525K | $484.7K | -7.7% |
3 Bedrooms | $742.5K | $655K | -11.8% |
4 Bedrooms | $995K | $970.4K | -2.5% |
5+ Bedrooms | $1.0M | $840K | -17.9% |
Summary: 97239 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 17.9%.
Housing Supply in 97239, OR
How many homes are available in 97239, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
168 | 174 | +3.6% |
Summary: The 97239 real estate market had 174 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 28 | 28 | 0.0% |
2 Bedrooms | 55 | 59 | +7.3% |
3 Bedrooms | 46 | 44 | -4.3% |
4 Bedrooms | 27 | 29 | +7.4% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 97239 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 7.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 97239 in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% were sold over asking.
Days on Market for 97239, OR
How long does it take to sell a home in 97239, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 41 Days | +11.0% |
Summary: Homes in 97239 had an average of 41 days on market in Mar 2024, up by 11% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 97239; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.