Is 97266, 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, 97266 has remained a Seller's Market.
Housing Prices in 97266, OR
How much do homes in 97266, OR cost?
Median Sold Price
$391,666
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97266 was $391,666 in April 2024, down 2.1% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $300K | +17.6% |
2 Bedrooms | $359.9K | $335K | -6.9% |
3 Bedrooms | $402K | $405K | +0.7% |
4 Bedrooms | $427K | $473.5K | +10.9% |
5+ Bedrooms | $575K | $535K | -7.0% |
Summary: 97266 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 7%.
Housing Supply in 97266, OR
How many homes are available in 97266, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 112 | +15.5% |
Summary: The 97266 real estate market had 112 homes for sale in April 2024, a 15.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 26 | 33 | +26.9% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 14 | 24 | +71.4% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 97266 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 26.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 97266 in April 2024, up by 11.1% month-over-month. Of the 30 sold homes, 43% were sold under asking, 33% were sold at asking, and 23% were sold over asking.
Days on Market for 97266, OR
How long does it take to sell a home in 97266, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 52 Days | +23.3% |
Summary: Homes in 97266 had an average of 52 days on market in Apr 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 97266; 60% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.