$7,042 Closing Credit*
$593,000
1,462 SqFt
3 Beds
•2 Full Baths
Deanna Cintas, Listing Office: Proud Realty LLC
Is 97215, 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, 97215 has remained a Seller's Market.
Key Takeaway
97215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97215, OR
How much do homes in 97215, OR cost?
Median Sold Price
$623,900
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,100(-3.3%)
Key Takeaway
Homes in 97215 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 97215 was $623,900 in October 2024, down 3.3% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $330.7K | +8.4% |
| 2 Bedrooms | $499.9K | $450K | -10.0% |
| 3 Bedrooms | $650K | $680K | +4.6% |
| 4 Bedrooms | $794.5K | $725K | -8.7% |
| 5+ Bedrooms | $873.5K | $1.1M | +29.9% |
Summary: 97215 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 29.9%.
Housing Supply in 97215, OR
How many homes are available in 97215, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 71 | -2.7% |
Summary: The 97215 real estate market had 71 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 97215 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 11.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97215, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 97215 in October 2024, up by 20.0% month-over-month. Of the 24 sold homes, 29% were sold under asking, 8% were sold at asking, and 63% were sold over asking.
Days on Market for 97215, OR
How long does it take to sell a home in 97215, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 31 Days | +82.2% |
Summary: Homes in 97215 had an average of 31 days on market in Oct 2024, up by 82.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97215 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 97215; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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