$6,175 Closing Credit*
$520,000
1,534 SqFt
3 Beds
•2 Full Baths
Stephanie Hunt, Listing Office: eXp Realty LLC
Is 97017, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97017 was a Seller's Market.
Key Takeaway
97017 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97017, OR
How much do homes in 97017, OR cost?
Median Sold Price
$580,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$145,000(-20.0%)
Key Takeaway
Homes in 97017 have sold for 20% less than they did a year ago.
Summary: The median home sold price in 97017 was $580,000 in October 2024, down 20% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $615K | $515K | -16.3% |
| 3 Bedrooms | $743K | $577.5K | -22.3% |
| 4 Bedrooms | $592.5K | $670K | +13.1% |
| 5+ Bedrooms | - | $675K | N/A |
Summary: 97017 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 decreased by 16.3%, 3 bedroom homes decreased by 22.3%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.
Housing Supply in 97017, OR
How many homes are available in 97017, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 97017 real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97017 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97017, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 97017 in October 2024, the same as the previous 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 97017, OR
How long does it take to sell a home in 97017, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 90 Days | +181.3% |
Summary: Homes in 97017 had an average of 90 days on market in Oct 2024, up by 181.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 97017 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in 97017; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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