$4,452 Closing Credit*
$374,900
1,299 SqFt
3 Beds
•2 Full Baths
Dana Schell, Listing Office: HomeSmart Realty Group
Is 97355, 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, 97355 has remained a Seller's Market.
Key Takeaway
97355 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97355, OR
How much do homes in 97355, OR cost?
Median Sold Price
$393,700
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,700(+2.8%)
Key Takeaway
Homes in 97355 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 97355 was $393,700 in October 2024, up 2.8% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $210K | +320.0% |
| 2 Bedrooms | $307.5K | $315.9K | +2.7% |
| 3 Bedrooms | $372.2K | $390.3K | +4.8% |
| 4 Bedrooms | $420K | $450K | +7.1% |
| 5+ Bedrooms | $465K | $555K | +19.4% |
Summary: 97355 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 320%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Zip Codes
| 97374 | $699.3K | $745K | +6.5% |
| 97355 | $383K | $393.7K | +2.8% |
Housing Supply in 97355, OR
How many homes are available in 97355, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 81 | +6.6% |
Summary: The 97355 real estate market had 81 homes for sale in October 2024, a 6.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 46 | 44 | -4.3% |
| 4 Bedrooms | 8 | 16 | +100.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 97355 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97355, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 97355 in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 97355, OR
How long does it take to sell a home in 97355, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 63 Days | -7.8% |
Summary: Homes in 97355 had an average of 63 days on market in Oct 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97355 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 97355; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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