$6,768 Closing Credit*
$569,900
1,240 SqFt
3 Beds
•3 Full Baths
Jennifer Tran, Listing Office: Everett Real Estate Group
Is 97202, 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, 97202 has remained a Seller's Market.
Key Takeaway
97202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97202, OR
How much do homes in 97202, OR cost?
Median Sold Price
$610,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$21,312(-3.4%)
Key Takeaway
Homes in 97202 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 97202 was $610,000 in November 2024, down 3.4% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $376K | +12.2% |
| 2 Bedrooms | $464K | $430K | -7.3% |
| 3 Bedrooms | $672K | $620K | -7.8% |
| 4 Bedrooms | $749.9K | $825K | +10.0% |
| 5+ Bedrooms | $890K | $975K | +9.6% |
Summary: 97202 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 97202, OR
How many homes are available in 97202, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 140 | -18.6% |
Summary: The 97202 real estate market had 140 homes for sale in November 2024, a 18.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 44 | 43 | -2.3% |
| 3 Bedrooms | 67 | 50 | -25.4% |
| 4 Bedrooms | 33 | 23 | -30.3% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The 97202 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 2.3%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes decreased by 30.3%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97202, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in 97202 in November 2024, down by 12.5% month-over-month. Of the 35 sold homes, 34% were sold under asking, 26% were sold at asking, and 40% were sold over asking.
Days on Market for 97202, OR
How long does it take to sell a home in 97202, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 42 Days | -3.9% |
Summary: Homes in 97202 had an average of 42 days on market in Nov 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97202 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 97202; 63% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.