Is 97444, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 97444 has remained a Buyer's Market.
Key Takeaway
97444 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97444, OR
How much do homes in 97444, OR cost?
Median Sold Price
$407,000
$322/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
The sold price of homes in 97444 has remained the same since last month.
Summary: The median home sold price in 97444 was $407,000 in March 2024, up 0.5% from last month, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $427K | $380K | -11.0% |
| 2 Bedrooms | $285K | $407K | +42.8% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $1.6M | N/A |
| 5+ Bedrooms | $678K | - | N/A |
Summary: 97444 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 42.8%, 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
| 97444 | $405K | $407K | 0.5% |
| 97465 | $500K | $375K | -25.0% |
Housing Supply in 97444, OR
How many homes are available in 97444, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 83 | 90 | +8.4% |
Summary: The 97444 real estate market had 90 homes for sale in March 2024, a 8.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 28 | 28 | 0.0% |
| 3 Bedrooms | 25 | 33 | +32.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 97444 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97444, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 97444 in March 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97444, OR
How long does it take to sell a home in 97444, OR?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 Days | 116 Days | +14.4% |
Summary: Homes in 97444 had an average of 116 days on market in Mar 2024, up by 14.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97444 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 6 homes were sold in 97444; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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