Is 97067, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97067 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 97067 has remained a Buyer's Market.

Key Takeaway

97067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 97067, OR

How much do homes in 97067, OR cost?

Median Sold Price

$500,000

$366/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$160,100(+47.1%)

Key Takeaway

Homes in 97067 have sold for 47.1% more than they did a month ago.

Summary: The median home sold price in 97067 was $500,000 in November 2024, up 47.1% from last month, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $302.4K$500K
+65.3%
3 $525K-
N/A
4 --
N/A
5+ --
N/A

Summary: 97067 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 increased by 65.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97067, OR

How many homes are available in 97067, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3028-6.7%

Summary: The 97067 real estate market had 28 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1211
-8.3%
3 1110
-9.1%
4 33
0.0%
5+ 11
0.0%

Summary: The 97067 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 8.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97067, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 97067 in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 97067, OR

How long does it take to sell a home in 97067, OR?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days14 Days-60.4%

Summary: Homes in 97067 had an average of 14 days on market in Nov 2024, down by 60.4% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97067 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 97067; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 97067, OR

Nearby Markets to 97067, OR