$8,301 Closing Credit*
$699,000
1,152 SqFt
2 Beds
•1 Full Bath
Blake Nelson, Listing Office: Brantley Christianson Real Estate
Is 97017, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97017 has remained a Seller's Market.
Key Takeaway
97017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97017, OR
How much do homes in 97017, OR cost?
Median Sold Price
$627,500
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-3.1%)
Key Takeaway
Homes in 97017 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 97017 was $627,500 in November 2024, down 3.1% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $615K | $515K | -16.3% |
| 3 Bedrooms | $726K | $595K | -18.0% |
| 4 Bedrooms | $592.5K | $670K | +13.1% |
| 5+ Bedrooms | - | $675K | N/A |
Summary: 97017 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 decreased by 16.3%, 3 bedroom homes decreased by 18%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The 97017 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97017 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97017, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 97017 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 195 Days | 49 Days | -74.9% |
Summary: Homes in 97017 had an average of 49 days on market in Nov 2024, down by 74.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97017 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 97017; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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