$6,234 Closing Credit*
$525,000
952 SqFt
1 Bed
•1 Full Bath
Kimberly Gellatly, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
Is 97209, 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, 97209 has remained a Buyer's Market.
Key Takeaway
97209 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97209, OR
How much do homes in 97209, OR cost?
Median Sold Price
$435,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,000(-0.5%)
Key Takeaway
The sold price of homes in 97209 has remained the same since last year.
Summary: The median home sold price in 97209 was $435,000 in November 2024, down 0.5% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349.9K | $337.4K | -3.6% |
| 2 Bedrooms | $660K | $672.5K | +1.9% |
| 3 Bedrooms | $1.0M | $840K | -21.5% |
| 4 Bedrooms | $2.9M | $1.1M | -61.5% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: 97209 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes decreased by 61.5%, and 5+ bedroom homes did not change.
Housing Supply in 97209, OR
How many homes are available in 97209, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 227 | 214 | -5.7% |
Summary: The 97209 real estate market had 214 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 137 | 131 | -4.4% |
| 2 Bedrooms | 75 | 71 | -5.3% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97209 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97209, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 97209 in November 2024, down by 45.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for 97209, OR
How long does it take to sell a home in 97209, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 150 Days | +166.0% |
Summary: Homes in 97209 had an average of 150 days on market in Nov 2024, up by 166% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97209 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 13 homes were sold in 97209; 15% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 62% of homes were sold over 90 days.
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