Is 97454, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97454 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97454 has remained a Seller's Market.

Key Takeaway

97454 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97454, OR

How much do homes in 97454, OR cost?

Median Sold Price

$500,000

$332/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$65,000(+14.9%)

Key Takeaway

Homes in 97454 have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in 97454 was $500,000 in April 2024, up 14.9% from last month, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $435K$600K
+37.9%
4 -$400K
N/A
5+ --
N/A

Summary: 97454 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 increased by 37.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97454, OR

How many homes are available in 97454, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
57+40.0%

Summary: The 97454 real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 97454 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97454, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 97454 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 97454, OR

How long does it take to sell a home in 97454, OR?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97454 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 97454; 50% of homes were sold within 30 days, 50% 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 9 Days Ago

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