$77,900
0.26 Acres
Land
Samantha Mattison, Listing Office: Coldwell Banker Professional
Is 97107, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 97107 has remained a Buyer's Market.
Key Takeaway
97107 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97107, OR
How much do homes in 97107, OR cost?
Median Sold Price
$380,000
$317/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$265,000(-41.1%)
Key Takeaway
Homes in 97107 have sold for 41.1% less than they did a month ago.
Summary: The median home sold price in 97107 was $380,000 in November 2024, down 41.1% from last month, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $380K | N/A |
| 3 Bedrooms | $645K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97107 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97131 | $642K | $559.5K | -12.9% |
| 97107 | $645K | $380K | -41.1% |
Housing Supply in 97107, OR
How many homes are available in 97107, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 97107 real estate market had 8 homes for sale in November 2024, a 11.1% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97107 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97107, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 97107 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97107, OR
How long does it take to sell a home in 97107, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 Days | 14 Days | -88.5% |
Summary: Homes in 97107 had an average of 14 days on market in Nov 2024, down by 88.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97107 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 97107; 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.
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