$3,918 Closing Credit*
$329,900
615 SqFt
1 Bed
•1 Full Bath
Donovan Birch, Listing Office: John L Scott Portland SW
Is 97136, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 97136 has remained a Buyer's Market.
Key Takeaway
97136 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97136, OR
How much do homes in 97136, OR cost?
Median Sold Price
$477,500
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,500(-11.6%)
Key Takeaway
Homes in 97136 have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in 97136 was $477,500 in October 2024, down 11.6% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $267.5K | +7.4% |
| 2 Bedrooms | $469K | $405.9K | -13.5% |
| 3 Bedrooms | $613.4K | $496.2K | -19.1% |
| 4 Bedrooms | $950K | $670K | -29.5% |
| 5+ Bedrooms | $1.4M | $2.1M | +52.9% |
Summary: 97136 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes increased by 52.9%.
Housing Supply in 97136, OR
How many homes are available in 97136, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The 97136 real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 97136 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97136, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 97136 in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 97136, OR
How long does it take to sell a home in 97136, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 107 Days | +197.9% |
Summary: Homes in 97136 had an average of 107 days on market in Oct 2024, up by 197.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97136 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 97136; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.