$4,572 Closing Credit*
$385,000
1,276 SqFt
3 Beds
•2 Full Baths
Linda Stephens, Listing Office: Area Properties, Inc.
Is 97146, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97146 was a Seller's Market.
Key Takeaway
97146 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97146, OR
How much do homes in 97146, OR cost?
Median Sold Price
$513,275
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,225(-4.7%)
Key Takeaway
Homes in 97146 have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in 97146 was $513,275 in November 2024, down 4.7% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $327.5K | $453.7K | +38.5% |
| 3 Bedrooms | $528K | $510K | -3.4% |
| 4 Bedrooms | $630K | $650K | +3.2% |
| 5+ Bedrooms | $880K | $945K | +7.4% |
Summary: 97146 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 38.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 37 | -14.0% |
Summary: The 97146 real estate market had 37 homes for sale in November 2024, a 14.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 97146 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 1 | -91.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97146, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 97146 in November 2024, down by 91.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 85 Days | +26.9% |
Summary: Homes in 97146 had an average of 85 days on market in Nov 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97146 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 97146; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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