$10,000 Closing Credit*
$850,000
2,772 SqFt
4 Beds
•3 Full Baths
Jason Maycumber, Listing Office: Redfin
Is 97068, 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, 97068 has remained a Seller's Market.
Key Takeaway
97068 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97068, OR
How much do homes in 97068, OR cost?
Median Sold Price
$780,133
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,133(+0.7%)
Key Takeaway
Homes in 97068 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 97068 was $780,133 in November 2024, up 0.7% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $244.9K | $259K | +5.7% |
| 2 Bedrooms | $379K | $400K | +5.5% |
| 3 Bedrooms | $647K | $652.5K | +0.9% |
| 4 Bedrooms | $902.2K | $875K | -3.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +9.9% |
Summary: 97068 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in 97068, OR
How many homes are available in 97068, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 129 | -11.6% |
Summary: The 97068 real estate market had 129 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 46 | 33 | -28.3% |
| 4 Bedrooms | 46 | 47 | +2.2% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The 97068 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 28.3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 35 | +20.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97068, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 97068 in November 2024, up by 20.7% month-over-month. Of the 35 sold homes, 51% were sold under asking, 20% were sold at asking, and 29% were sold over asking.
Days on Market for 97068, OR
How long does it take to sell a home in 97068, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 72 Days | +50.2% |
Summary: Homes in 97068 had an average of 72 days on market in Nov 2024, up by 50.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97068 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 97068; 37% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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