$4,738 Closing Credit*
$399,000
1,008 SqFt
3 Beds
•1 Full Bath
Alex Cristurean, Alexis Buturoaga, Listing Office: RE/MAX Equity Group
Is 97267, 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, 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
$547,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,000(+1.3%)
Key Takeaway
Homes in 97267 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 97267 was $547,000 in November 2024, up 1.3% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $382.5K | $322.5K | -15.7% |
| 2 Bedrooms | $427.5K | $406.9K | -4.8% |
| 3 Bedrooms | $510K | $526K | +3.1% |
| 4 Bedrooms | $601.6K | $615K | +2.2% |
| 5+ Bedrooms | $622K | $722K | +16.1% |
Summary: 97267 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.1%.
Housing Supply in 97267, OR
How many homes are available in 97267, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 78 | -14.3% |
Summary: The 97267 real estate market had 78 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 46 | 38 | -17.4% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 97267 housing inventory by bedroom type for November 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 17.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 16 | -48.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97267, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 97267 in November 2024, down by 48.4% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 23 Days | -21.6% |
Summary: Homes in 97267 had an average of 23 days on market in Nov 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97267 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 97267; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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