Is 97341, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97341 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 97341 has remained a Buyer's Market.

Key Takeaway

97341 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 97341, OR

How much do homes in 97341, OR cost?

Median Sold Price

$520,500

$430/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$177,500(+51.7%)

Key Takeaway

Homes in 97341 have sold for 51.7% more than they did a month ago.

Summary: The median home sold price in 97341 was $520,500 in December 2024, up 51.7% from last month, and the median price per square foot was $430.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $343K$520.5K
+51.7%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 97341 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

97341
+51.7%
97388
-28.6%

Housing Supply in 97341, OR

How many homes are available in 97341, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
17170.0%

Summary: The 97341 real estate market had 17 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 88
0.0%
3 77
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 97341 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97341, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 97341 in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 97341, OR

How long does it take to sell a home in 97341, OR?

Average Sale Time

Nov 2024Dec 2024CHANGE
6 Days310 Days+5066.7%

Summary: Homes in 97341 had an average of 310 days on market in Dec 2024, up by 5066.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97341 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in 97341; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

Newest Listings in 97341, OR

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