$3,300,000
1.72 Acres
Land
Mark Shadrin, Listing Office: Berkshire Hathaway HomeServices Real Estate Professionals
Is 97365, 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, 97365 has remained a Buyer's Market.
Key Takeaway
97365 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97365, OR
How much do homes in 97365, OR cost?
Median Sold Price
$405,000
$343/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$71,000(-14.9%)
Key Takeaway
Homes in 97365 have sold for 14.9% less than they did a month ago.
Summary: The median home sold price in 97365 was $405,000 in December 2024, down 14.9% from last month, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.5K | $385K | +111.0% |
| 3 Bedrooms | $632K | $774K | +22.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97365 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 increased by 111%, 3 bedroom homes increased by 22.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97366 | $815K | $739K | -9.3% |
| 97365 | $476K | $405K | -14.9% |
Housing Supply in 97365, OR
How many homes are available in 97365, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The 97365 real estate market had 37 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 97365 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 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 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 97365, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97365 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97365, OR
How long does it take to sell a home in 97365, OR?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 102 Days | 20 Days | -80.5% |
Summary: Homes in 97365 had an average of 20 days on market in Dec 2024, down by 80.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97365 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 97365; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.