$4,263 Closing Credit*
$359,000
1,883 SqFt
3 Beds
•1 Full Bath
Devery Broddie, Listing Office: Don Nunamaker
Is 97058, 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, 97058 has remained a Seller's Market.
Key Takeaway
97058 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97058, OR
How much do homes in 97058, OR cost?
Median Sold Price
$380,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-2.6%)
Key Takeaway
Homes in 97058 have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in 97058 was $380,000 in November 2024, down 2.6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $274.5K | +71.6% |
| 2 Bedrooms | $299K | $322K | +7.7% |
| 3 Bedrooms | $400K | $401K | 0.3% |
| 4 Bedrooms | $446K | $492.5K | +10.4% |
| 5+ Bedrooms | $485K | $490K | +1.0% |
Summary: 97058 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 1%.
Housing Supply in 97058, OR
How many homes are available in 97058, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 71 | -11.3% |
Summary: The 97058 real estate market had 71 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 | 1 | 0.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 44 | 38 | -13.6% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 97058 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 decreased by 21.4%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97058, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 97058 in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for 97058, OR
How long does it take to sell a home in 97058, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 66 Days | +84.3% |
Summary: Homes in 97058 had an average of 66 days on market in Nov 2024, up by 84.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97058 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 97058; 50% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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