$7,066 Closing Credit*
$595,000
1,838 SqFt
3 Beds
•2 Full Baths
Tammy Smith, Mary Kay Wilson, Listing Office: Claremont Realty
Is 97032, 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, 97032 has remained a Seller's Market.
Key Takeaway
97032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97032, OR
How much do homes in 97032, OR cost?
Median Sold Price
$664,500
$309/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$137,750(-17.2%)
Key Takeaway
Homes in 97032 have sold for 17.2% less than they did a month ago.
Summary: The median home sold price in 97032 was $664,500 in October 2024, down 17.2% from last month, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $380K | N/A |
| 3 Bedrooms | $1.0M | $949K | -13.7% |
| 4 Bedrooms | $505K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97032 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 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 97032, OR
How many homes are available in 97032, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The 97032 real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97032 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 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 97032, 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 97032 in October 2024, the same as the previous 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 97032, OR
How long does it take to sell a home in 97032, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 Days | 37 Days | -76.2% |
Summary: Homes in 97032 had an average of 37 days on market in Oct 2024, down by 76.2% 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 97032 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 97032; 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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