$5,343 Closing Credit*
$449,950
1,308 SqFt
3 Beds
•2 Full Baths
Ben Andrews, Listing Office: Keller Williams PDX Central
Is 97060, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$494,700
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,700(+9.9%)
Key Takeaway
Homes in 97060 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 97060 was $494,700 in October 2024, up 9.9% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $298K | -11.0% |
| 3 Bedrooms | $439.9K | $475K | +8.0% |
| 4 Bedrooms | $498K | $537K | +7.8% |
| 5+ Bedrooms | $515K | $551.5K | +7.1% |
Summary: 97060 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 97060, OR
How many homes are available in 97060, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 54 | -3.6% |
Summary: The 97060 real estate market had 54 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 39 | 34 | -12.8% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97060 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97060, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 97060 in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 34 Days | -2.2% |
Summary: Homes in 97060 had an average of 34 days on market in Oct 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
7 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 October 2024, 12 homes were sold in 97060; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.