Is 97449, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 97449 has remained a Buyer's Market.
Key Takeaway
97449 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97449, OR
How much do homes in 97449, OR cost?
Median Sold Price
$281,250
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 97449 have sold for 23.5% less than they did a year ago.
Summary: The median home sold price in 97449 was $281,250 in March 2024, down 23.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $162.5K | -32.3% |
| 2 Bedrooms | $272.5K | $270K | -0.9% |
| 3 Bedrooms | $418.5K | $362.4K | -13.4% |
| 4 Bedrooms | $499.2K | $650K | +30.2% |
| 5+ Bedrooms | $2.2M | - | N/A |
Summary: 97449 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes did not change.
Housing Supply in 97449, OR
How many homes are available in 97449, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The 97449 real estate market had 29 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97449 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 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 97449, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97449 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97449, OR
How long does it take to sell a home in 97449, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 55 Days | +685.7% |
Summary: Homes in 97449 had an average of 55 days on market in Mar 2024, up by 685.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97449 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 97449; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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