$6,769 Closing Credit*
$570,000
1,648 SqFt
3 Beds
•2 Full Baths
Amy Graham, Listing Office: Taylor & Taylor Realty Co.
Is 97367, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97367 was a Buyer's Market.
Key Takeaway
97367 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97367, OR
How much do homes in 97367, OR cost?
Median Sold Price
$510,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,500(+4.2%)
Key Takeaway
Homes in 97367 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 97367 was $510,000 in October 2024, up 4.2% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $260K | -13.3% |
| 2 Bedrooms | $415K | $445K | +7.2% |
| 3 Bedrooms | $555K | $566.2K | +2.0% |
| 4 Bedrooms | $712K | $888K | +24.7% |
| 5+ Bedrooms | $958.5K | $780K | -18.6% |
Summary: 97367 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Zip Codes
| 97341 | $550K | $598.4K | +8.8% |
| 97367 | $489.5K | $510K | +4.2% |
Housing Supply in 97367, OR
How many homes are available in 97367, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 106 | +11.6% |
Summary: The 97367 real estate market had 106 homes for sale in October 2024, a 11.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 53 | 60 | +13.2% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 97367 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 21 | +250.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97367, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 97367 in October 2024, up by 250.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 24% were sold at asking, and 5% were sold over asking.
Days on Market for 97367, OR
How long does it take to sell a home in 97367, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 133 Days | 64 Days | -51.4% |
Summary: Homes in 97367 had an average of 64 days on market in Oct 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97367 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 97367; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.