$10,000 Closing Credit*
$1,155,000
3,128 SqFt
3 Beds
•3 Full Baths
Mickey J Lindsay, Listing Office: Oregon First
Is 97140, 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, 97140 has remained a Seller's Market.
Key Takeaway
97140 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97140, OR
How much do homes in 97140, OR cost?
Median Sold Price
$679,950
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,575(+4.2%)
Key Takeaway
Homes in 97140 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 97140 was $679,950 in November 2024, up 4.2% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264.9K | $260K | -1.9% |
| 2 Bedrooms | $385K | $340K | -11.7% |
| 3 Bedrooms | $550K | $564K | +2.5% |
| 4 Bedrooms | $739.9K | $727.5K | -1.7% |
| 5+ Bedrooms | $995.6K | $813.4K | -18.3% |
Summary: 97140 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 18.3%.
Housing Supply in 97140, OR
How many homes are available in 97140, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 163 | 145 | -11.0% |
Summary: The 97140 real estate market had 145 homes for sale in November 2024, a 11.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 65 | 56 | -13.8% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The 97140 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97140, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 97140 in November 2024, down by 23.5% month-over-month. Of the 26 sold homes, 42% were sold under asking, 42% were sold at asking, and 15% were sold over asking.
Days on Market for 97140, OR
How long does it take to sell a home in 97140, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 36 Days | -38.8% |
Summary: Homes in 97140 had an average of 36 days on market in Nov 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97140 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 97140; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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