$2,800,000
60.83 Acres
Land
Amy Pendley, Listing Office: Agri-Business Real Estate Services
Is 97361, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 97361 has remained a Seller's Market.
Key Takeaway
97361 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97361, OR
How much do homes in 97361, OR cost?
Median Sold Price
$726,574
$335/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$263,074(+56.8%)
Key Takeaway
Homes in 97361 have sold for 56.8% more than they did a month ago.
Summary: The median home sold price in 97361 was $726,574 in December 2024, up 56.8% from last month, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.3M | N/A |
| 3 Bedrooms | $463.5K | $399K | -13.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $726.5K | N/A |
Summary: 97361 housing prices by bedroom type for December 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 decreased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 97361, OR
How many homes are available in 97361, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The 97361 real estate market had 13 homes for sale in December 2024, a 27.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 4 | -55.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97361 housing inventory by bedroom type for December 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 55.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97361, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97361 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 97361, OR
How long does it take to sell a home in 97361, OR?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 40 Days | 75 Days | +85.7% |
Summary: Homes in 97361 had an average of 75 days on market in Dec 2024, up by 85.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97361 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 97361; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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