$6,411 Closing Credit*
$539,900
3,175 SqFt
Valerie Hammack, Listing Office: MORE Realty
Is 97321, 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, 97321 was a Buyer's Market.
Key Takeaway
97321 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97321, OR
How much do homes in 97321, OR cost?
Median Sold Price
$500,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.5%)
Key Takeaway
Homes in 97321 have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in 97321 was $500,000 in October 2024, up 0.5% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $500K | N/A |
| 2 Bedrooms | $294K | $327.5K | +11.4% |
| 3 Bedrooms | $470K | $489.9K | +4.2% |
| 4 Bedrooms | $558.7K | $579.9K | +3.8% |
| 5+ Bedrooms | $595K | $599.9K | +0.8% |
Summary: 97321 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Zip Codes
| 97352 | $403K | $449.5K | +11.5% |
| 97322 | $377.5K | $415K | +9.9% |
| 97321 | $497.5K | $500K | 0.5% |
Housing Supply in 97321, OR
How many homes are available in 97321, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 43 | -10.4% |
Summary: The 97321 real estate market had 43 homes for sale in October 2024, a 10.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 97321 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 40%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97321, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 97321 in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 97321, OR
How long does it take to sell a home in 97321, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 47 Days | +7.9% |
Summary: Homes in 97321 had an average of 47 days on market in Oct 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97321 has remained consistent over time.
Summary: During October 2024, 9 homes were sold in 97321; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.