$7,422 Closing Credit*
$625,000
2,132 SqFt
4 Beds
•3 Full Baths
Darren O'Halloran, Listing Office: Kohler Meyers O'Halloran Inc.
Is 97060, 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, 97060 has remained a Seller's Market.
Key Takeaway
97060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97060, OR
How much do homes in 97060, OR cost?
Median Sold Price
$495,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+10.0%)
Key Takeaway
Homes in 97060 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 97060 was $495,000 in November 2024, up 10% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $312.9K | -6.6% |
| 3 Bedrooms | $439.5K | $480K | +9.2% |
| 4 Bedrooms | $499K | $536K | +7.4% |
| 5+ Bedrooms | $533.2K | $575K | +7.8% |
Summary: 97060 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 decreased by 6.6%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 97060, OR
How many homes are available in 97060, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The 97060 real estate market had 49 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 97060 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 increased by 66.7%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97060, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 97060 in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% were sold over asking.
Days on Market for 97060, OR
How long does it take to sell a home in 97060, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 35 Days | -31.8% |
Summary: Homes in 97060 had an average of 35 days on market in Nov 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97060 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 97060; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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