$9,203 Closing Credit*
$775,000
1,187 SqFt
3 Beds
•2 Full Baths
Amy Rice, Jill Pereira, Listing Office: Windermere Realty Trust
Is 97028, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97028 was a Seller's Market.
Key Takeaway
97028 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 97028, OR
How much do homes in 97028, OR cost?
Median Sold Price
$909,700
$572/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$124,700(+15.9%)
Key Takeaway
Homes in 97028 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 97028 was $909,700 in November 2024, up 15.9% from last year, and the median price per square foot was $572.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $307K | N/A |
| 2 Bedrooms | $737.5K | $921.2K | +24.9% |
| 3 Bedrooms | $755K | $801.5K | +6.2% |
| 4 Bedrooms | $2.1M | $1.0M | -50.0% |
| 5+ Bedrooms | $1.6M | - | N/A |
Summary: 97028 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 increased by 24.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97028 | $785K | $909.7K | +15.9% |
| 97049 | $507.2K | $470K | -7.3% |
Housing Supply in 97028, OR
How many homes are available in 97028, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The 97028 real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97028 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 16.7%, 4 bedroom homes increased by 33.3%, 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
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97028, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97028 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97028, OR
How long does it take to sell a home in 97028, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 58 Days | -33.9% |
Summary: Homes in 97028 had an average of 58 days on market in Nov 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97028 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 97028; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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