$5,195 Closing Credit*
$437,500
1,096 SqFt
3 Beds
•1 Full Bath
Gary Horton, Listing Office: RE/MAX Equity Group
Is 97230, 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, 97230 has remained a Seller's Market.
Key Takeaway
97230 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97230, OR
How much do homes in 97230, OR cost?
Median Sold Price
$464,900
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,900(+5.7%)
Key Takeaway
Homes in 97230 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 97230 was $464,900 in November 2024, up 5.7% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $222.5K | -3.6% |
| 2 Bedrooms | $330K | $322.5K | -2.3% |
| 3 Bedrooms | $435K | $456.4K | +4.9% |
| 4 Bedrooms | $500K | $506K | +1.2% |
| 5+ Bedrooms | $551K | $550K | -0.2% |
Summary: 97230 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 decreased by 2.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 97230, OR
How many homes are available in 97230, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 154 | 133 | -13.6% |
Summary: The 97230 real estate market had 133 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 37 | 37 | 0.0% |
| 3 Bedrooms | 68 | 62 | -8.8% |
| 4 Bedrooms | 35 | 23 | -34.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 97230 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97230, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 97230 in November 2024, down by 5.6% month-over-month. Of the 34 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.
Days on Market for 97230, OR
How long does it take to sell a home in 97230, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 48 Days | -11.6% |
Summary: Homes in 97230 had an average of 48 days on market in Nov 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97230 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 97230; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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