$5,641 Closing Credit*
$475,000
1,100 SqFt
4 Beds
•1 Full Bath
Greg Messick, Listing Office: RealtyNET, LLC
Is 97132, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97132 has remained a Seller's Market.
Key Takeaway
97132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97132, OR
How much do homes in 97132, OR cost?
Median Sold Price
$498,950
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,050(-0.4%)
Key Takeaway
The sold price of homes in 97132 has remained the same since last year.
Summary: The median home sold price in 97132 was $498,950 in November 2024, down 0.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.5K | $195K | -40.8% |
| 2 Bedrooms | $350K | $399.9K | +14.3% |
| 3 Bedrooms | $469.9K | $485K | +3.2% |
| 4 Bedrooms | $621K | $607K | -2.3% |
| 5+ Bedrooms | $695K | $830K | +19.4% |
Summary: 97132 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 19.4%.
Housing Supply in 97132, OR
How many homes are available in 97132, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 145 | +1.4% |
Summary: The 97132 real estate market had 145 homes for sale in November 2024, a 1.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 91 | 92 | +1.1% |
| 4 Bedrooms | 28 | 25 | -10.7% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The 97132 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97132, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 97132 in November 2024, up by 26.1% month-over-month. Of the 29 sold homes, 52% were sold under asking, 24% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 43 Days | -44.9% |
Summary: Homes in 97132 had an average of 43 days on market in Nov 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 29 homes were sold in 97132; 48% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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