$10,000 Closing Credit*
$859,000
3,200 SqFt
Mary Kay Campbell, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
Is 97136, 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, 97136 has remained a Seller's Market.
Key Takeaway
97136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97136, OR
How much do homes in 97136, OR cost?
Median Sold Price
$477,500
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$95,000(-16.6%)
Key Takeaway
Homes in 97136 have sold for 16.6% less than they did a year ago.
Summary: The median home sold price in 97136 was $477,500 in November 2024, down 16.6% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.5K | $253K | -9.5% |
| 2 Bedrooms | $505K | $391.8K | -22.4% |
| 3 Bedrooms | $625.5K | $498.7K | -20.3% |
| 4 Bedrooms | $950K | $670K | -29.5% |
| 5+ Bedrooms | $1.4M | $2.1M | +52.9% |
Summary: 97136 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 22.4%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes increased by 52.9%.
Median Sold Price Compared To Nearby Zip Codes
| 97118 | $430K | $420K | -2.3% |
| 97136 | $572.5K | $477.5K | -16.6% |
Housing Supply in 97136, OR
How many homes are available in 97136, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The 97136 real estate market had 27 homes for sale in November 2024, a 12.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 97136 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97136, 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 97136 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 76 Days | +125.1% |
Summary: Homes in 97136 had an average of 76 days on market in Nov 2024, up by 125.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97136 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 97136; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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