$5,344 Closing Credit*
$450,000
1,122 SqFt
3 Beds
•1 Full Bath
Joel Bohrer, Listing Office: Bohrer Realty
Is 97233, 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, 97233 has remained a Seller's Market.
Key Takeaway
97233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97233, OR
How much do homes in 97233, OR cost?
Median Sold Price
$399,900
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,900(+3.9%)
Key Takeaway
Homes in 97233 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 97233 was $399,900 in October 2024, up 3.9% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $207.5K | $265K | +27.7% |
| 2 Bedrooms | $299K | $260K | -13.0% |
| 3 Bedrooms | $383.7K | $395K | +2.9% |
| 4 Bedrooms | $437.5K | $450.5K | +3.0% |
| 5+ Bedrooms | $539.9K | $516K | -4.4% |
Summary: 97233 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.7%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 4.4%.
Housing Supply in 97233, OR
How many homes are available in 97233, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 107 | +4.9% |
Summary: The 97233 real estate market had 107 homes for sale in October 2024, a 4.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 54 | 55 | +1.9% |
| 4 Bedrooms | 15 | 22 | +46.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 97233 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97233, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 97233 in October 2024, up by 5.0% month-over-month. Of the 21 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 97233, OR
How long does it take to sell a home in 97233, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +19.0% |
Summary: Homes in 97233 had an average of 33 days on market in Oct 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97233 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 97233; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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