$6,530 Closing Credit*
$549,900
1,781 SqFt
3 Beds
•2 Full Baths
Matt Killen, Listing Office: Crown Real Estate Group
Is 97132, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97132 was a Seller's Market.
Key Takeaway
97132 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 97132, OR
How much do homes in 97132, OR cost?
Median Sold Price
$496,216
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,483(-1.5%)
Key Takeaway
Homes in 97132 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 97132 was $496,216 in October 2024, down 1.5% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.5K | $195K | -40.8% |
| 2 Bedrooms | $352.4K | $399.9K | +13.5% |
| 3 Bedrooms | $471.9K | $485K | +2.8% |
| 4 Bedrooms | $593.9K | $613K | +3.2% |
| 5+ Bedrooms | $702.4K | $794.9K | +13.2% |
Summary: 97132 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.8%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 97132, OR
How many homes are available in 97132, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 147 | -3.3% |
Summary: The 97132 real estate market had 147 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 97 | 94 | -3.1% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The 97132 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 21 | -36.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97132, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 97132 in October 2024, down by 36.4% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for 97132, OR
How long does it take to sell a home in 97132, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 37 Days | -14.1% |
Summary: Homes in 97132 had an average of 37 days on market in Oct 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97132 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 97132; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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