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 21 Days Ago

Newest Listings in 97267, OR

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