Is 97367, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 97367 was a Seller's Market.
Housing Prices in 97367, OR
How much do homes in 97367, OR cost?
Median Sold Price
$505,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97367 was $505,000 in April 2024, down 2.9% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $306.5K | $295K | -3.8% |
2 Bedrooms | $415K | $435K | +4.8% |
3 Bedrooms | $563.7K | $595K | +5.5% |
4 Bedrooms | $672.5K | $845K | +25.7% |
5+ Bedrooms | $1.1M | $689K | -42.4% |
Summary: 97367 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes decreased by 42.4%.
Median Sold Price Compared To Nearby Zip Codes
97367 | $520K | $505K | -2.9% |
97341 | $637K | $539.7K | -15.3% |
Housing Supply in 97367, OR
How many homes are available in 97367, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 82 | +10.8% |
Summary: The 97367 real estate market had 82 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 40 | 43 | +7.5% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 97367 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 97367 in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for 97367, OR
How long does it take to sell a home in 97367, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 96 Days | +61.2% |
Summary: Homes in 97367 had an average of 96 days on market in Apr 2024, up by 61.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 97367; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.