$8,894 Closing Credit*
$749,000
3,000 SqFt
4 Beds
•2 Full Baths
Michelle Carter Smith, Listing Office: RE/MAX Equity Group
Is 97019, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 97019 was a Seller's Market.
Key Takeaway
97019 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 97019, OR
How much do homes in 97019, OR cost?
Median Sold Price
$539,500
$301/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$210,500(-28.1%)
Key Takeaway
Homes in 97019 have sold for 28.1% less than they did a month ago.
Summary: The median home sold price in 97019 was $539,500 in November 2024, down 28.1% from last month, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $629K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $662.1K | - | N/A |
| 4 Bedrooms | $935K | $450K | -51.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 97019 housing prices by bedroom type for November 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 did not change, 4 bedroom homes decreased by 51.9%, and 5+ bedroom homes did not change.
Housing Supply in 97019, OR
How many homes are available in 97019, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The 97019 real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97019 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97019, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 97019 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 97019, OR
How long does it take to sell a home in 97019, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 178 Days | 17 Days | -90.4% |
Summary: Homes in 97019 had an average of 17 days on market in Nov 2024, down by 90.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97019 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 97019; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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