Is 97471, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 97471 was a Buyer's Market.
Housing Prices in 97471, OR
How much do homes in 97471, OR cost?
Median Sold Price
$389,333
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97471 was $389,333 in April 2024, up 2.5% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $407.4K | $280K | -31.3% |
2 Bedrooms | $248K | $277K | +11.7% |
3 Bedrooms | $365K | $375K | +2.7% |
4 Bedrooms | $480K | $540K | +12.5% |
5+ Bedrooms | $665K | $608K | -8.6% |
Summary: 97471 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.3%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Zip Codes
97471 | $380K | $389.3K | +2.5% |
97496 | $325K | $326.9K | +0.6% |
Housing Supply in 97471, OR
How many homes are available in 97471, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 106 | +10.4% |
Summary: The 97471 real estate market had 106 homes for sale in April 2024, a 10.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 56 | 68 | +21.4% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 97471 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 22.2%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 18 | -35.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 97471 in April 2024, down by 35.7% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for 97471, OR
How long does it take to sell a home in 97471, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 21 Days | -53.9% |
Summary: Homes in 97471 had an average of 21 days on market in Apr 2024, down by 53.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 97471; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.