Is 97304, 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, 97304 was a Buyer's Market.
Housing Prices in 97304, OR
How much do homes in 97304, OR cost?
Median Sold Price
$482,500
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 97304 was $482,500 in April 2024, down 3.5% 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 | $475K | - | N/A |
2 Bedrooms | $349.9K | $337.5K | -3.5% |
3 Bedrooms | $450K | $455K | +1.1% |
4 Bedrooms | $552.5K | $556.2K | +0.7% |
5+ Bedrooms | $600K | $652.4K | +8.7% |
Summary: 97304 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 decreased by 3.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 97304, OR
How many homes are available in 97304, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 54 | +5.9% |
Summary: The 97304 real estate market had 54 homes for sale in April 2024, a 5.9% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 97304 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 50%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 97304 in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for 97304, OR
How long does it take to sell a home in 97304, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 47 Days | -32.8% |
Summary: Homes in 97304 had an average of 47 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 97304; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.