Is 97846, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 97846 has remained a Buyer's Market.
Housing Prices in 97846, OR
How much do homes in 97846, OR cost?
Median Sold Price
$487,500
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 97846 was $487,500 in May 2024, down 0.3% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $186.1K | $335K | +80.0% |
2 Bedrooms | $433.5K | $365K | -15.8% |
3 Bedrooms | $679K | $610K | -10.2% |
4 Bedrooms | $652K | $579K | -11.2% |
5+ Bedrooms | - | $799K | N/A |
Summary: 97846 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes did not change.
Housing Supply in 97846, OR
How many homes are available in 97846, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The 97846 real estate market had 24 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97846 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 97846 in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97846, OR
How long does it take to sell a home in 97846, OR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 29 Days | +176.2% |
Summary: Homes in 97846 had an average of 29 days on market in May 2024, up by 176.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in 97846; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.