Is 97267, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 97267 has remained a Seller's Market.
Housing Prices in 97267, OR
How much do homes in 97267, OR cost?
Median Sold Price
$545,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 97267 was $545,000 in March 2024, up 1.1% 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 | $205K | $382.5K | +86.6% |
2 Bedrooms | $436.2K | $442.4K | +1.4% |
3 Bedrooms | $515K | $515K | 0.0% |
4 Bedrooms | $607K | $606.3K | -0.1% |
5+ Bedrooms | $620K | $675K | +8.9% |
Summary: 97267 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.6%, 2 bedroom homes increased by 1.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in 97267, OR
How many homes are available in 97267, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 | 108 | +0.9% |
Summary: The 97267 real estate market had 108 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 53 | 51 | -3.8% |
4 Bedrooms | 34 | 37 | +8.8% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 97267 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 decreased by 20%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 97267 in March 2024, up by 26.7% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.
Days on Market for 97267, OR
How long does it take to sell a home in 97267, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 56 Days | +107.5% |
Summary: Homes in 97267 had an average of 56 days on market in Mar 2024, up by 107.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 97267; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.