Is 97355, 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, 97355 has remained a Seller's Market.
Housing Prices in 97355, OR
How much do homes in 97355, OR cost?
Median Sold Price
$379,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97355 was $379,000 in April 2024, down 2.5% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $210K | -36.4% |
2 Bedrooms | $305K | $307.1K | +0.7% |
3 Bedrooms | $390K | $380K | -2.6% |
4 Bedrooms | $425K | $420K | -1.2% |
5+ Bedrooms | $492.5K | $722.5K | +46.7% |
Summary: 97355 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 46.7%.
Median Sold Price Compared To Nearby Zip Codes
97327 | $427.4K | $425K | -0.6% |
97355 | $388.7K | $379K | -2.5% |
Housing Supply in 97355, OR
How many homes are available in 97355, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 68 | +15.3% |
Summary: The 97355 real estate market had 68 homes for sale in April 2024, a 15.3% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 34 | 37 | +8.8% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 97355 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 increased by 11.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 15 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 97355 in April 2024, up by 66.7% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for 97355, OR
How long does it take to sell a home in 97355, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 57 Days | -18.0% |
Summary: Homes in 97355 had an average of 57 days on market in Apr 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in 97355; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.