Is 97882, 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, 97882 has remained a Seller's Market.
Housing Prices in 97882, OR
How much do homes in 97882, OR cost?
Median Sold Price
$282,599
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97882 was $282,599 in April 2024, up 5.8% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $248.2K | $263.8K | +6.3% |
3 Bedrooms | $265.2K | $282.1K | +6.4% |
4 Bedrooms | $298.2K | $321.8K | +7.9% |
5+ Bedrooms | $389.9K | - | N/A |
Summary: 97882 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
97882 | $267K | $282.5K | +5.8% |
97838 | $350K | $345.8K | -1.2% |
Housing Supply in 97882, OR
How many homes are available in 97882, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 34 | -19.0% |
Summary: The 97882 real estate market had 34 homes for sale in April 2024, a 19.0% decrease 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 | 8 | 4 | -50.0% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 97882 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 50%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 97882 in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 75% were sold at asking, and 13% were sold over asking.
Days on Market for 97882, OR
How long does it take to sell a home in 97882, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 55 Days | +84.3% |
Summary: Homes in 97882 had an average of 55 days on market in Apr 2024, up by 84.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 97882; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.