$6,947 Closing Credit*
$585,000
1,613 SqFt
3 Beds
•2 Full Baths
Tamara Zimmerman, Listing Office: Taylor & Taylor Realty Co.
Is 97341, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 97341 has remained a Neutral Market.
Key Takeaway
97341 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97341, OR
How much do homes in 97341, OR cost?
Median Sold Price
$598,426
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,426(+8.8%)
Key Takeaway
Homes in 97341 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 97341 was $598,426 in October 2024, up 8.8% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $541K | $590K | +9.0% |
| 3 Bedrooms | $534.9K | $583.3K | +9.1% |
| 4 Bedrooms | $1.0M | $750K | -31.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 97341 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 9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97341 | $550K | $598.4K | +8.8% |
| 97367 | $489.5K | $510K | +4.2% |
Housing Supply in 97341, OR
How many homes are available in 97341, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The 97341 real estate market had 20 homes for sale in October 2024, a 33.3% increase 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 97341 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 increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97341, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97341 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 81 Days | +463.2% |
Summary: Homes in 97341 had an average of 81 days on market in Oct 2024, up by 463.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97341 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 97341; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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.