1.25% Closing Credit Back*
Price Not Disclosed
7,660 SqFt
8 Beds
•5 Full Baths
Rhonda Holmsten, Jenny Erhardt, Listing Office: Ark Real Estate
Is 97054, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 97054 was a Neutral Market.
Key Takeaway
97054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97054, OR
How much do homes in 97054, OR cost?
Median Sold Price
$462,500
$225/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$162,500(-26.0%)
Key Takeaway
Homes in 97054 have sold for 26% less than they did a month ago.
Summary: The median home sold price in 97054 was $462,500 in November 2024, down 26% from last month, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $85K | N/A |
| 3 Bedrooms | $625K | - | N/A |
| 4 Bedrooms | - | $840K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97054 housing prices by bedroom type for November 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.
Median Sold Price Compared To Nearby Zip Codes
| 97054 | $625K | $462.5K | -26.0% |
| 97018 | $459.9K | $339.5K | -26.2% |
Housing Supply in 97054, OR
How many homes are available in 97054, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The 97054 real estate market had 6 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97054 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 decreased by 33.3%, 4 bedroom homes increased by 100%, 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
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97054, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97054 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 97054, OR
How long does it take to sell a home in 97054, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 60 Days | +255.9% |
Summary: Homes in 97054 had an average of 60 days on market in Nov 2024, up by 255.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97054 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 97054; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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