Is 97303, 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, 97303 has remained a Seller's Market.
Housing Prices in 97303, OR
How much do homes in 97303, OR cost?
Median Sold Price
$444,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97303 was $444,000 in April 2024, up 1.1% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $359.9K | $380K | +5.6% |
3 Bedrooms | $425K | $429.9K | +1.2% |
4 Bedrooms | $502.5K | $505K | 0.5% |
5+ Bedrooms | $572.4K | $550K | -3.9% |
Summary: 97303 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in 97303, OR
How many homes are available in 97303, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 61 | +32.6% |
Summary: The 97303 real estate market had 61 homes for sale in April 2024, a 32.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 30 | 36 | +20.0% |
4 Bedrooms | 7 | 15 | +114.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 97303 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 114.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 97303 in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 97303, OR
How long does it take to sell a home in 97303, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 21 Days | -55.5% |
Summary: Homes in 97303 had an average of 21 days on market in Apr 2024, down by 55.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 97303; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.