$5,313 Closing Credit*
$447,380
1,306 SqFt
3 Beds
•2 Full Baths
Leslie James, Kyle Ries, Listing Office: Premiere Property Group, LLC
Is 97338, 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, 97338 was a Buyer's Market.
Key Takeaway
97338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97338, OR
How much do homes in 97338, OR cost?
Median Sold Price
$429,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,000(-0.9%)
Key Takeaway
Homes in 97338 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 97338 was $429,000 in October 2024, down 0.9% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | - | N/A |
| 2 Bedrooms | $368.5K | $345K | -6.4% |
| 3 Bedrooms | $431.5K | $418K | -3.1% |
| 4 Bedrooms | $489.5K | $490K | 0.1% |
| 5+ Bedrooms | $650K | $600K | -7.7% |
Summary: 97338 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 decreased by 6.4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Zip Codes
| 97338 | $433K | $429K | -0.9% |
| 97378 | $375K | $369.9K | -1.3% |
Housing Supply in 97338, OR
How many homes are available in 97338, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 60 | -6.3% |
Summary: The 97338 real estate market had 60 homes for sale in October 2024, a 6.3% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 44 | 43 | -2.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 97338 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 12.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97338, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 97338 in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for 97338, OR
How long does it take to sell a home in 97338, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 33 Days | -44.4% |
Summary: Homes in 97338 had an average of 33 days on market in Oct 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
9 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 97338 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 97338; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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