Is 97368, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97368 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 97368 was a Buyer's Market.

Key Takeaway

97368 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97368, OR

How much do homes in 97368, OR cost?

Median Sold Price

$760,000

$230/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$335,000(+78.8%)

Key Takeaway

Homes in 97368 have sold for 78.8% more than they did a month ago.

Summary: The median home sold price in 97368 was $760,000 in April 2024, up 78.8% from last month, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $425K-
N/A
3 -$372K
N/A
4 -$880K
N/A
5+ --
N/A

Summary: 97368 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

97368
+78.8%
97347
+51.5%

Housing Supply in 97368, OR

How many homes are available in 97368, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The 97368 real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 23
+50.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The 97368 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97368, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 97368 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 97368, OR

How long does it take to sell a home in 97368, OR?

Average Sale Time

Mar 2024Apr 2024CHANGE
6 Days7 Days+22.2%

Summary: Homes in 97368 had an average of 7 days on market in Apr 2024, up by 22.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97368 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 97368; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 97368, OR

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