$8,310 Closing Credit*
$699,770
2,494 SqFt
3 Beds
•2 Full Baths
Katherine Fine, Listing Office: Cadwell Realty Group
Is 97362, 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, 97362 has remained a Buyer's Market.
Key Takeaway
97362 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97362, OR
How much do homes in 97362, OR cost?
Median Sold Price
$479,500
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-1.5%)
Key Takeaway
Homes in 97362 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 97362 was $479,500 in October 2024, down 1.5% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $360K | $387.5K | +7.6% |
| 3 Bedrooms | $447K | $445.7K | -0.3% |
| 4 Bedrooms | $545K | $544.4K | -0.1% |
| 5+ Bedrooms | $517.4K | $516.6K | -0.2% |
Summary: 97362 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 97362, OR
How many homes are available in 97362, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The 97362 real estate market had 13 homes for sale in October 2024, a 30.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97362 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 remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97362, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 97362 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97362, OR
How long does it take to sell a home in 97362, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 9 Days | 0.0% |
Summary: Homes in 97362 had an average of 9 days on market in Oct 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97362 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 97362; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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