$8,194 Closing Credit*
$690,000
2,428 SqFt
3 Beds
•2 Full Baths
Julie Rogers, Listing Office: Coldwell Banker Mountain West
Is 97045, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97045 has remained a Seller's Market.
Key Takeaway
97045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97045, OR
How much do homes in 97045, OR cost?
Median Sold Price
$598,166
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,241(+1.4%)
Key Takeaway
Homes in 97045 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 97045 was $598,166 in November 2024, up 1.4% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | - | N/A |
| 2 Bedrooms | $425K | $426K | 0.2% |
| 3 Bedrooms | $542.6K | $560K | +3.2% |
| 4 Bedrooms | $672K | $658.7K | -2.0% |
| 5+ Bedrooms | $760K | $750K | -1.3% |
Summary: 97045 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 0.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in 97045, OR
How many homes are available in 97045, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 203 | 180 | -11.3% |
Summary: The 97045 real estate market had 180 homes for sale in November 2024, a 11.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 94 | 80 | -14.9% |
| 4 Bedrooms | 79 | 73 | -7.6% |
| 5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The 97045 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 42 | -19.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97045, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 97045 in November 2024, down by 19.2% month-over-month. Of the 42 sold homes, 38% were sold under asking, 36% were sold at asking, and 26% were sold over asking.
Days on Market for 97045, OR
How long does it take to sell a home in 97045, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 46 Days | +108.4% |
Summary: Homes in 97045 had an average of 46 days on market in Nov 2024, up by 108.4% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97045 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 97045; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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