Is 97266, 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, 97266 was a Seller's Market.
Housing Prices in 97266, OR
How much do homes in 97266, OR cost?
Median Sold Price
$393,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 97266 was $393,000 in March 2024, down 3.5% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $300K | +17.6% |
2 Bedrooms | $365K | $335K | -8.2% |
3 Bedrooms | $406.5K | $410K | +0.9% |
4 Bedrooms | $460K | $444.5K | -3.4% |
5+ Bedrooms | $638K | $531.5K | -16.7% |
Summary: 97266 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in 97266, OR
How many homes are available in 97266, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
166 | 167 | +0.6% |
Summary: The 97266 real estate market had 167 homes for sale in March 2024, a 0.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 40 | 35 | -12.5% |
3 Bedrooms | 74 | 73 | -1.4% |
4 Bedrooms | 31 | 33 | +6.5% |
5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The 97266 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 97266 in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 17% were sold under asking, 48% were sold at asking, and 35% were sold over asking.
Days on Market for 97266, OR
How long does it take to sell a home in 97266, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 50 Days | +30.0% |
Summary: Homes in 97266 had an average of 50 days on market in Mar 2024, up by 30% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 97266; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.