$9,132 Closing Credit*
$769,000
2,736 SqFt
4 Beds
•2 Full Baths
Tony Apa, Courtney Clarke, Listing Office: ELEETE Real Estate
Is 97068, 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, 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
$780,500
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,500(+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 $780,500 in October 2024, up 0.7% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.9K | $258.2K | -0.7% |
| 2 Bedrooms | $380K | $385K | +1.3% |
| 3 Bedrooms | $649K | $652.5K | 0.5% |
| 4 Bedrooms | $895K | $880K | -1.7% |
| 5+ Bedrooms | $1.0M | $1.1M | +15.0% |
Summary: 97068 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 15%.
Housing Supply in 97068, OR
How many homes are available in 97068, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 156 | -5.5% |
Summary: The 97068 real estate market had 156 homes for sale in October 2024, a 5.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 56 | 46 | -17.9% |
| 4 Bedrooms | 58 | 53 | -8.6% |
| 5+ Bedrooms | 28 | 35 | +25.0% |
Summary: The 97068 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97068, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 97068 in October 2024, down by 17.1% month-over-month. Of the 29 sold homes, 34% were sold under asking, 17% were sold at asking, and 48% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 44 Days | +83.2% |
Summary: Homes in 97068 had an average of 44 days on market in Oct 2024, up by 83.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 29 homes were sold in 97068; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.