$4,511 Closing Credit*
$379,900
1,680 SqFt
1 Bed
•1 Full Bath
Patti Tippett, Listing Office: King Realty
Is 97141, 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, 97141 has remained a Neutral Market.
Key Takeaway
97141 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 97141, OR
How much do homes in 97141, OR cost?
Median Sold Price
$416,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,500(+4.1%)
Key Takeaway
Homes in 97141 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 97141 was $416,000 in November 2024, up 4.1% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $245K | 0.0% |
| 2 Bedrooms | $305.5K | $327.2K | +7.1% |
| 3 Bedrooms | $400K | $415K | +3.8% |
| 4 Bedrooms | $505K | $465K | -7.9% |
| 5+ Bedrooms | $519K | $550K | +6.0% |
Summary: 97141 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Zip Codes
| 97141 | $399.5K | $416K | +4.1% |
| 97118 | $430K | $420K | -2.3% |
Housing Supply in 97141, OR
How many homes are available in 97141, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 56 | +1.8% |
Summary: The 97141 real estate market had 56 homes for sale in November 2024, a 1.8% increase 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97141 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97141, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 97141 in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for 97141, OR
How long does it take to sell a home in 97141, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 142 Days | 82 Days | -41.6% |
Summary: Homes in 97141 had an average of 82 days on market in Nov 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
5 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 97141 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 97141; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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