$5,937 Closing Credit*
$499,999
1,582 SqFt
3 Beds
•3 Full Baths
Cody Gibson, Cir Lynch, 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.
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