Housing Prices in 97040, OR

How much do homes in 97040, OR cost?

Median List Price

$875,000

$425/sqft

Based on all homes listed in the last 12 months.

The Median List Price hasn't changed since November 2023.

Key Takeaway

The list price of homes in 97040 has remained the same since last year.

Summary: The median home list price in 97040 was $875,000 in November 2024, the same as the previous year, and the median price per square foot was $425.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $289K$399.9K
+38.4%
2 $880K$969.5K
+10.2%
3 $889K$782K
-12.0%
4 $875K$899.9K
+2.9%
5+ -$1.1M
N/A

Summary: 97040 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.4%, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

98605
+51.7%
97031
+6.6%
97058
+2.5%
97040
0.0%
98672
-0.1%

Housing Supply in 97040, OR

How many homes are available in 97040, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
118-27.3%

Summary: The 97040 real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 00
0.0%
3 43
-25.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 97040 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 97040, OR

How long does it take to sell a home in 97040, OR?

Average Listing Age

Nov 2023Nov 2024CHANGE
158 Days267 Days+69.1%

Summary: Homes in 97040 had an average listing age of 267 days in Nov 2024, up by 69.1% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 97040, OR

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