Is 97130, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97130 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 97130 has remained a Seller's Market.

Key Takeaway

97130 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97130, OR

How much do homes in 97130, OR cost?

Median Sold Price

$942,000

$577/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$87,000(+10.2%)

Key Takeaway

Homes in 97130 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 97130 was $942,000 in December 2024, up 10.2% from last year, and the median price per square foot was $577.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $742.5K$998K
+34.4%
2 $715K$699.5K
-2.2%
3 $860K$947K
+10.1%
4 $1.0M$1.1M
+9.2%
5+ -$1.2M
N/A

Summary: 97130 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

97131
+13.5%
97130
+10.2%

Housing Supply in 97130, OR

How many homes are available in 97130, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10100.0%

Summary: The 97130 real estate market had 10 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 97130 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97130, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 97130 in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 97130, OR

How long does it take to sell a home in 97130, OR?

Average Sale Time

Dec 2023Dec 2024CHANGE
40 Days72 Days+80.8%

Summary: Homes in 97130 had an average of 72 days on market in Dec 2024, up by 80.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 97130 has remained consistent over time.

Summary: During December 2024, 6 homes were sold in 97130; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in 97130, OR

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