Is 97330, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97330 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97330 has remained a Seller's Market.

Key Takeaway

97330 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97330, OR

How much do homes in 97330, OR cost?

Median Sold Price

$540,000

$302/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$35,000(+6.9%)

Key Takeaway

Homes in 97330 have sold for 6.9% more than they did a month ago.

Summary: The median home sold price in 97330 was $540,000 in October 2024, up 6.9% from last month, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $455K-
N/A
3 $505K$520K
+3.0%
4 --
N/A
5+ $1.6M$590K
-64.2%

Summary: 97330 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 64.2%.

Median Sold Price Compared To Nearby Zip Codes

97333
+50.5%
97330
+6.9%
97370
-25.8%

Housing Supply in 97330, OR

How many homes are available in 97330, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3732-13.5%

Summary: The 97330 real estate market had 32 homes for sale in October 2024, a 13.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 2015
-25.0%
4 810
+25.0%
5+ 66
0.0%

Summary: The 97330 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 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97330, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 97330 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 97330, OR

How long does it take to sell a home in 97330, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
60 Days48 Days-20.1%

Summary: Homes in 97330 had an average of 48 days on market in Oct 2024, down by 20.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97330 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 97330; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 97330, OR

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