Is 97360, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97360 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97360 has remained a Seller's Market.

Key Takeaway

97360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97360, OR

How much do homes in 97360, OR cost?

Median Sold Price

$357,500

$304/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$68,500(+23.7%)

Key Takeaway

Homes in 97360 have sold for 23.7% more than they did a month ago.

Summary: The median home sold price in 97360 was $357,500 in October 2024, up 23.7% from last month, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $252.4K-
N/A
3 $289K$357.5K
+23.7%
4 --
N/A
5+ $415K-
N/A

Summary: 97360 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97360, OR

How many homes are available in 97360, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107-30.0%

Summary: The 97360 real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 87
-12.5%
4 00
0.0%
5+ 10
-100.0%

Summary: The 97360 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 decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97360, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 97360 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 97360, OR

How long does it take to sell a home in 97360, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
48 Days27 Days-42.7%

Summary: Homes in 97360 had an average of 27 days on market in Oct 2024, down by 42.7% compared to last month.

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 97360 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 97360; 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 24 Days Ago

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