Is 97026, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97026 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 97026 was a Seller's Market.

Key Takeaway

97026 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 97026, OR

How much do homes in 97026, OR cost?

Median Sold Price

$818,000

$166/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$368,000(+81.8%)

Key Takeaway

Homes in 97026 have sold for 81.8% more than they did a month ago.

Summary: The median home sold price in 97026 was $818,000 in October 2024, up 81.8% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $497.5K-
N/A
4 -$818K
N/A
5+ $450K-
N/A

Summary: 97026 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97026, OR

How many homes are available in 97026, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The 97026 real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The 97026 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97026, 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 97026 in October 2024, down by 66.7% month-over-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 97026, OR

How long does it take to sell a home in 97026, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days288 Days+829.0%

Summary: Homes in 97026 had an average of 288 days on market in Oct 2024, up by 829% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97026 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 97026; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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