$3,919 Closing Credit*
$330,000
1,064 SqFt
3 Beds
•1 Full Bath
Brittany Olson, Listing Office: eXp Realty LLC
Is 97146, 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, 97146 has remained a Seller's Market.
Key Takeaway
97146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97146, OR
How much do homes in 97146, OR cost?
Median Sold Price
$515,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$34,000(-6.2%)
Key Takeaway
Homes in 97146 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 97146 was $515,000 in October 2024, down 6.2% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $327.5K | $440K | +34.4% |
| 3 Bedrooms | $536.7K | $515K | -4.1% |
| 4 Bedrooms | $638.3K | $650K | +1.8% |
| 5+ Bedrooms | $880K | $945K | +7.4% |
Summary: 97146 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 97146, OR
How many homes are available in 97146, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 47 | +6.8% |
Summary: The 97146 real estate market had 47 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 23 | 26 | +13.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97146 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97146, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 97146 in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 97146, OR
How long does it take to sell a home in 97146, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 58 Days | +14.5% |
Summary: Homes in 97146 had an average of 58 days on market in Oct 2024, up by 14.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97146 has remained consistent over time.
Summary: During October 2024, 10 homes were sold in 97146; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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