$4,156 Closing Credit*
$350,000
1,085 SqFt
4 Beds
•1 Full Bath
Jessica Pankratz, Listing Office: Connected Real Estate Group
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
Last month, 97361 was a Seller's Market.
Key Takeaway
97361 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 97361, OR
How much do homes in 97361, OR cost?
Median Sold Price
$402,500
$219/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$52,500(-11.5%)
Key Takeaway
Homes in 97361 have sold for 11.5% less than they did a month ago.
Summary: The median home sold price in 97361 was $402,500 in October 2024, down 11.5% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $336.8K | - | N/A |
| 3 Bedrooms | $387K | $455K | +17.6% |
| 4 Bedrooms | $602.5K | - | N/A |
| 5+ Bedrooms | $825K | $350K | -57.6% |
Summary: 97361 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 17.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 57.6%.
Median Sold Price Compared To Nearby Zip Codes
| 97344 | $330K | $599K | +81.5% |
| 97330 | $505K | $540K | +6.9% |
| 97361 | $455K | $402.5K | -11.5% |
| 97370 | $549K | $407.3K | -25.8% |
Housing Supply in 97361, OR
How many homes are available in 97361, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Summary: The 97361 real estate market had 14 homes for sale in October 2024, a 26.3% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 97361 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97361, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97361 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 28 Days | -18.1% |
Summary: Homes in 97361 had an average of 28 days on market in Oct 2024, down by 18.1% 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
Key Takeaway
Many homes in 97361 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 97361; 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.
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