Is 97267, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97267 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 97267 has remained a Seller's Market.

Key Takeaway

97267 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97267, OR

How much do homes in 97267, OR cost?

Median Sold Price

$537,000

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,333(-0.8%)

Key Takeaway

Homes in 97267 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 97267 was $537,000 in October 2024, down 0.8% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $382.5K$322.5K
-15.7%
2 $435K$405K
-6.9%
3 $517K$522.2K
+1.0%
4 $605K$610.7K
+0.9%
5+ $604K$725K
+20.0%

Summary: 97267 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Zip Codes

97027
+6.7%
97034
+1.8%
97222
+0.6%
97267
-0.8%
97015
-0.9%

Housing Supply in 97267, OR

How many homes are available in 97267, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9190-1.1%

Summary: The 97267 real estate market had 90 homes for sale in October 2024, a 1.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 5145
-11.8%
4 2531
+24.0%
5+ 99
0.0%

Summary: The 97267 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 24%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97267, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 97267 in October 2024, up by 8.0% month-over-month. Of the 27 sold homes, 48% were sold under asking, 11% were sold at asking, and 41% were sold over asking.

Days on Market for 97267, OR

How long does it take to sell a home in 97267, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days29 Days+57.0%

Summary: Homes in 97267 had an average of 29 days on market in Oct 2024, up by 57% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97267 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 97267; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 97267, OR

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