$9,975 Closing Credit*
$840,000
4,046 SqFt
4 Beds
•3 Full Baths
Jim Doak, Listing Office: John L. Scott Portland South
Is 97013, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97013 was a Buyer's Market.
Key Takeaway
97013 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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 November 2023
+$2,550(+0.4%)
Key Takeaway
The sold price of homes in 97013 has remained the same since last year.
Summary: The median home sold price in 97013 was $615,000 in November 2024, up 0.4% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $409.9K | $475K | +15.9% |
| 3 Bedrooms | $575K | $565.2K | -1.7% |
| 4 Bedrooms | $656.7K | $695.5K | +5.9% |
| 5+ Bedrooms | $739.9K | $732.5K | -1.0% |
Summary: 97013 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 97013, OR
How many homes are available in 97013, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 96 | -13.5% |
Summary: The 97013 real estate market had 96 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 45 | 43 | -4.4% |
| 4 Bedrooms | 49 | 42 | -14.3% |
| 5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The 97013 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 15 | -44.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97013, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 97013 in November 2024, down by 44.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 60 Days | +20.5% |
Summary: Homes in 97013 had an average of 60 days on market in Nov 2024, up by 20.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 15 homes were sold in 97013; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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