$8,668 Closing Credit*
$729,900
2,976 SqFt
4 Beds
•3 Full Baths
Kevin Riley, Listing Office: Vantage Point Brokers, LLC
Is 97089, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97089 was a Seller's Market.
Key Takeaway
97089 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97089, OR
How much do homes in 97089, OR cost?
Median Sold Price
$700,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,500(+7.1%)
Key Takeaway
Homes in 97089 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 97089 was $700,000 in November 2024, up 7.1% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $490K | $665K | +35.7% |
| 3 Bedrooms | $584.4K | $610K | +4.4% |
| 4 Bedrooms | $750K | $725K | -3.3% |
| 5+ Bedrooms | $660.4K | $765K | +15.8% |
Summary: 97089 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 97089, OR
How many homes are available in 97089, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 49 | -14.0% |
Summary: The 97089 real estate market had 49 homes for sale in November 2024, a 14.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The 97089 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97089, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 97089 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 97089, OR
How long does it take to sell a home in 97089, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 43 Days | +17.6% |
Summary: Homes in 97089 had an average of 43 days on market in Nov 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97089 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 97089; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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