$3,000,000
5,445 SqFt
5 Beds
•4 Full Baths
Hannah Katz, Listing Office: Coldwell Banker Professional
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.
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