Is 97467, 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, 97467 has remained a Seller's Market.
Key Takeaway
97467 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97467, OR
How much do homes in 97467, OR cost?
Median Sold Price
$325,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 97467 has remained the same since last year.
Summary: The median home sold price in 97467 was $325,000 in April 2024, up 0.5% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210.7K | $245K | +16.3% |
| 3 Bedrooms | $342.5K | $335.9K | -1.9% |
| 4 Bedrooms | $360K | $367.7K | +2.2% |
| 5+ Bedrooms | $379K | $465K | +22.7% |
Summary: 97467 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 16.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Zip Codes
| 97467 | $323.4K | $325K | 0.5% |
| 97449 | $349.5K | $270K | -22.7% |
Housing Supply in 97467, OR
How many homes are available in 97467, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The 97467 real estate market had 28 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97467 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 37.5%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97467, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 97467 in April 2024, up by 350.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for 97467, OR
How long does it take to sell a home in 97467, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -10.6% |
Summary: Homes in 97467 had an average of 26 days on market in Apr 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97467 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 97467; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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