$3,859 Closing Credit*
$325,000
730 SqFt
1 Bed
•1 Full Bath
Stephanie Tydeman, Listing Office: Worldrelo Inc
Is 97209, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97209 was a Seller'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
$424/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
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 October 2024, the same as last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $342.5K | $340K | -0.7% |
| 2 Bedrooms | $653K | $672.5K | +3.0% |
| 3 Bedrooms | $1.0M | $840K | -20.0% |
| 4 Bedrooms | $2.9M | $1.1M | -61.5% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: 97209 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 20%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 221 | 252 | +14.0% |
Summary: The 97209 real estate market had 252 homes for sale in October 2024, a 14.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 131 | 153 | +16.8% |
| 2 Bedrooms | 76 | 84 | +10.5% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97209 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 24 | +200.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97209, you may be able to get a good deal. 70.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 97209 in October 2024, up by 200.0% month-over-month. Of the 24 sold homes, 71% were sold under asking, 17% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 96 Days | 120 Days | +24.5% |
Summary: Homes in 97209 had an average of 120 days on market in Oct 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
15 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 October 2024, 24 homes were sold in 97209; 21% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
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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.