Is 97317, 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, 97317 has remained a Seller's Market.
Housing Prices in 97317, OR
How much do homes in 97317, OR cost?
Median Sold Price
$446,995
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97317 was $446,995 in April 2024, down 7.6% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $706K | $350K | -50.4% |
2 Bedrooms | $310K | $370.4K | +19.5% |
3 Bedrooms | $400K | $390K | -2.5% |
4 Bedrooms | $675K | $504.4K | -25.3% |
5+ Bedrooms | $498.6K | $533.2K | +6.9% |
Summary: 97317 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.4%, 2 bedroom homes increased by 19.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 97317, OR
How many homes are available in 97317, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 40 | -13.0% |
Summary: The 97317 real estate market had 40 homes for sale in April 2024, a 13.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 97317 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 remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 97317 in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.
Days on Market for 97317, OR
How long does it take to sell a home in 97317, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 36 Days | +20.9% |
Summary: Homes in 97317 had an average of 36 days on market in Apr 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
7 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, 9 homes were sold in 97317; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.