$4,032 Closing Credit*
$339,500
899 SqFt
3 Beds
•1 Full Bath
Erin Rothrock, Emma Kemp, Listing Office: Windermere Realty Trust
Is 97266, 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, 97266 has remained a Seller's Market.
Key Takeaway
97266 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97266, OR
How much do homes in 97266, OR cost?
Median Sold Price
$399,997
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,997(+1.8%)
Key Takeaway
Homes in 97266 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 97266 was $399,997 in November 2024, up 1.8% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.5K | $307.5K | +19.4% |
| 2 Bedrooms | $335K | $347K | +3.6% |
| 3 Bedrooms | $400K | $405K | +1.3% |
| 4 Bedrooms | $425.5K | $485K | +14.0% |
| 5+ Bedrooms | $534K | $575K | +7.7% |
Summary: 97266 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 97266, OR
How many homes are available in 97266, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 100 | -13.8% |
Summary: The 97266 real estate market had 100 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 62 | 57 | -8.1% |
| 4 Bedrooms | 21 | 15 | -28.6% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 97266 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97266, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 97266 in November 2024, up by 14.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 69 Days | -29.2% |
Summary: Homes in 97266 had an average of 69 days on market in Nov 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 24 homes were sold in 97266; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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