Is 97352, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97352 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 97352 has remained a Seller's Market.

Key Takeaway

97352 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97352, OR

How much do homes in 97352, OR cost?

Median Sold Price

$416,750

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$33,150(-7.4%)

Key Takeaway

Homes in 97352 have sold for 7.4% less than they did a year ago.

Summary: The median home sold price in 97352 was $416,750 in November 2024, down 7.4% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $319.5K-
N/A
3 $403K$419K
+4.0%
4 $672K$414.5K
-38.3%
5+ $469.9K-
N/A

Summary: 97352 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 38.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

97322
+8.4%
97306
+3.1%
97352
-7.4%

Housing Supply in 97352, OR

How many homes are available in 97352, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The 97352 real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 44
0.0%
5+ 00
0.0%

Summary: The 97352 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97352, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 97352 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 97352, OR

How long does it take to sell a home in 97352, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days19 Days-47.3%

Summary: Homes in 97352 had an average of 19 days on market in Nov 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97352 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 97352; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in 97352, OR

Nearby Markets to 97352, OR