$10,000 Closing Credit*
$1,095,000
1,440 SqFt
2 Beds
•1 Full Bath
Rebecca Krueger, Mike Day, Listing Office: RE/MAX Equity Group
Is 97266, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97266 was a Seller's Market.
Key Takeaway
97266 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97266, OR
How much do homes in 97266, OR cost?
Median Sold Price
$399,933
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,433(+1.9%)
Key Takeaway
Homes in 97266 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 97266 was $399,933 in October 2024, up 1.9% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $307.5K | +53.8% |
| 2 Bedrooms | $339.1K | $348.4K | +2.7% |
| 3 Bedrooms | $400K | $402K | 0.5% |
| 4 Bedrooms | $420K | $473.5K | +12.7% |
| 5+ Bedrooms | $540K | $535K | -0.9% |
Summary: 97266 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in 97266, OR
How many homes are available in 97266, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 122 | +13.0% |
Summary: The 97266 real estate market had 122 homes for sale in October 2024, a 13.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 54 | 69 | +27.8% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 97266 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97266, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 97266 in October 2024, up by 20.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for 97266, OR
How long does it take to sell a home in 97266, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 47 Days | +39.0% |
Summary: Homes in 97266 had an average of 47 days on market in Oct 2024, up by 39% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97266 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 97266; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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