$6,769 Closing Credit*
$569,999
2,137 SqFt
4 Beds
•2 Full Baths
Erik Brunken, Listing Office: Coldwell Banker Bain
Is 97013, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 97013 has remained a Seller's Market.
Key Takeaway
97013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97013, OR
How much do homes in 97013, OR cost?
Median Sold Price
$615,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,500(+0.7%)
Key Takeaway
Homes in 97013 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 97013 was $615,000 in October 2024, up 0.7% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $315K | N/A |
| 2 Bedrooms | $403.4K | $475K | +17.7% |
| 3 Bedrooms | $576K | $575K | -0.2% |
| 4 Bedrooms | $655.4K | $695K | +6.0% |
| 5+ Bedrooms | $763.4K | $735K | -3.7% |
Summary: 97013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Zip Codes
| 97070 | $625K | $630K | +0.8% |
| 97013 | $610.5K | $615K | +0.7% |
Housing Supply in 97013, OR
How many homes are available in 97013, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 111 | +8.8% |
Summary: The 97013 real estate market had 111 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 42 | 43 | +2.4% |
| 4 Bedrooms | 41 | 49 | +19.5% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 97013 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97013, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in 97013 in October 2024, up by 33.3% month-over-month. Of the 28 sold homes, 32% were sold under asking, 50% were sold at asking, and 18% were sold over asking.
Days on Market for 97013, OR
How long does it take to sell a home in 97013, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 38 Days | -48.8% |
Summary: Homes in 97013 had an average of 38 days on market in Oct 2024, down by 48.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97013 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 97013; 57% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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