$5,047 Closing Credit*
$425,000
2,000 SqFt
6 Beds
•2 Full Baths
Jordan Matin, Jack Barrett, Listing Office: Matin Real Estate
Is 97230, 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, 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
$461,730
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,730(+4.9%)
Key Takeaway
Homes in 97230 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 97230 was $461,730 in October 2024, up 4.9% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $227.2K | -1.5% |
| 2 Bedrooms | $328.5K | $322.5K | -1.8% |
| 3 Bedrooms | $432.5K | $454.9K | +5.2% |
| 4 Bedrooms | $500K | $503K | +0.6% |
| 5+ Bedrooms | $551K | $550K | -0.2% |
Summary: 97230 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 0.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 153 | 0.0% |
Summary: The 97230 real estate market had 153 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 39 | 38 | -2.6% |
| 3 Bedrooms | 71 | 69 | -2.8% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 97230 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97230, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 97230 in October 2024, up by 10.7% month-over-month. Of the 31 sold homes, 45% were sold under asking, 26% were sold at asking, and 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 32 Days | -28.9% |
Summary: Homes in 97230 had an average of 32 days on market in Oct 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 31 homes were sold in 97230; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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