$3,266 Closing Credit*
$275,000
1,431 SqFt
3 Beds
•2 Full Baths
Daniel Ramirez, Listing Office: eXp Realty LLC
Is 97322, 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, 97322 has remained a Seller's Market.
Key Takeaway
97322 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97322, OR
How much do homes in 97322, OR cost?
Median Sold Price
$415,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+8.4%)
Key Takeaway
Homes in 97322 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 97322 was $415,000 in November 2024, up 8.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300.7K | $293.7K | -2.3% |
| 3 Bedrooms | $381K | $400.5K | +5.1% |
| 4 Bedrooms | $430K | $452K | +5.1% |
| 5+ Bedrooms | - | $640K | N/A |
Summary: 97322 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97322 | $383K | $415K | +8.4% |
| 97321 | $500K | $487.9K | -2.4% |
| 97352 | $449.9K | $416.7K | -7.4% |
Housing Supply in 97322, OR
How many homes are available in 97322, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 35 | -28.6% |
Summary: The 97322 real estate market had 35 homes for sale in November 2024, a 28.6% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 32 | 20 | -37.5% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 97322 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 increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 6 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97322, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 97322 in November 2024, down by 66.7% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 97322, OR
How long does it take to sell a home in 97322, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 42 Days | +85.3% |
Summary: Homes in 97322 had an average of 42 days on market in Nov 2024, up by 85.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97322 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 97322; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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