$6,234 Closing Credit*
$525,000
1,502 SqFt
2 Beds
•1 Full Bath
Lindsey Dudevoir, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
Is 97018, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 97018 has remained a Seller's Market.
Key Takeaway
97018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97018, OR
How much do homes in 97018, OR cost?
Median Sold Price
$459,999
$297/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$39,001(-7.8%)
Key Takeaway
Homes in 97018 have sold for 7.8% less than they did a month ago.
Summary: The median home sold price in 97018 was $459,999 in October 2024, down 7.8% from last month, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $552.5K | $459.9K | -16.7% |
| 4 Bedrooms | $499K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97018 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97018 | $499K | $459.9K | -7.8% |
| 97054 | $723.6K | $625K | -13.6% |
Housing Supply in 97018, OR
How many homes are available in 97018, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 97018 real estate market had 12 homes for sale in October 2024, a 20.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97018 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 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97018, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 97018 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for 97018, OR
How long does it take to sell a home in 97018, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 Days | 50 Days | -64.2% |
Summary: Homes in 97018 had an average of 50 days on market in Oct 2024, down by 64.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97018 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 97018; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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