$3,551 Closing Credit*
$299,000
1,120 SqFt
2 Beds
•1 Full Bath
Josh Hackenjos, Listing Office: Keller Williams Realty Professionals
Is 97006, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 97006 has remained a Seller's Market.
Key Takeaway
97006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97006, OR
How much do homes in 97006, OR cost?
Median Sold Price
$530,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$37,716(+7.7%)
Key Takeaway
Homes in 97006 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 97006 was $530,000 in December 2024, up 7.7% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $271K | $260K | -4.1% |
| 2 Bedrooms | $347.5K | $335K | -3.6% |
| 3 Bedrooms | $505K | $530K | +5.0% |
| 4 Bedrooms | $690K | $705K | +2.2% |
| 5+ Bedrooms | $842.5K | $840K | -0.3% |
Summary: 97006 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 97006, OR
How many homes are available in 97006, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 93 | 84 | -9.7% |
Summary: The 97006 real estate market had 84 homes for sale in December 2024, a 9.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 41 | 35 | -14.6% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 97006 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97006, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 97006 in December 2024, down by 10.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for 97006, OR
How long does it take to sell a home in 97006, OR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 37 Days | 60 Days | +60.6% |
Summary: Homes in 97006 had an average of 60 days on market in Dec 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97006 has remained consistent over time.
Summary: During December 2024, 18 homes were sold in 97006; 17% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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