$6,116 Closing Credit*
$515,000
1,320 SqFt
3 Beds
•2 Full Baths
Ashley LaForge, Listing Office: Windermere Realty Trust
Is 97219, 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, 97219 has remained a Seller's Market.
Key Takeaway
97219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97219, OR
How much do homes in 97219, OR cost?
Median Sold Price
$630,666
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,166(+2.8%)
Key Takeaway
Homes in 97219 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 97219 was $630,666 in October 2024, up 2.8% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $260K | -3.7% |
| 2 Bedrooms | $440.5K | $439K | -0.3% |
| 3 Bedrooms | $560K | $614.9K | +9.8% |
| 4 Bedrooms | $750K | $750K | 0.0% |
| 5+ Bedrooms | $875K | $930K | +6.3% |
Summary: 97219 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 97219, OR
How many homes are available in 97219, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 241 | 249 | +3.3% |
Summary: The 97219 real estate market had 249 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 36 | 41 | +13.9% |
| 3 Bedrooms | 93 | 99 | +6.5% |
| 4 Bedrooms | 76 | 71 | -6.6% |
| 5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The 97219 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 13.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 52 | +13.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97219, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in 97219 in October 2024, up by 13.0% month-over-month. Of the 52 sold homes, 44% were sold under asking, 17% were sold at asking, and 38% were sold over asking.
Days on Market for 97219, OR
How long does it take to sell a home in 97219, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 38 Days | +101.4% |
Summary: Homes in 97219 had an average of 38 days on market in Oct 2024, up by 101.4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97219 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in 97219; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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