Is 97424, 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, 97424 has remained a Seller's Market.
Housing Prices in 97424, OR
How much do homes in 97424, OR cost?
Median Sold Price
$385,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97424 was $385,000 in April 2024, up 4.1% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $350K | +27.3% |
2 Bedrooms | $312.5K | $323.5K | +3.5% |
3 Bedrooms | $370K | $373K | +0.8% |
4 Bedrooms | $445K | $496K | +11.5% |
5+ Bedrooms | $434.9K | $580K | +33.4% |
Summary: 97424 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 33.4%.
Median Sold Price Compared To Nearby Zip Codes
97426 | $425K | $450K | +5.9% |
97424 | $369.9K | $385K | +4.1% |
Housing Supply in 97424, OR
How many homes are available in 97424, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 70 | +14.8% |
Summary: The 97424 real estate market had 70 homes for sale in April 2024, a 14.8% increase 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 | 6 | 9 | +50.0% |
3 Bedrooms | 31 | 37 | +19.4% |
4 Bedrooms | 22 | 20 | -9.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 97424 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 increased by 50%, 3 bedroom homes increased by 19.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 97424 in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 97424, OR
How long does it take to sell a home in 97424, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 52 Days | +189.2% |
Summary: Homes in 97424 had an average of 52 days on market in Apr 2024, up by 189.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 97424; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.