$4,156 Closing Credit*
$350,000
1,296 SqFt
3 Beds
•1 Full Bath
Nick Shivers, Matthew Umberger, Listing Office: Keller Williams PDX Central
Is 97374, 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, 97374 was a Neutral Market.
Key Takeaway
97374 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97374, OR
How much do homes in 97374, OR cost?
Median Sold Price
$745,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,697(+6.5%)
Key Takeaway
Homes in 97374 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 97374 was $745,000 in October 2024, up 6.5% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $475K | $1.0M | +112.6% |
| 3 Bedrooms | $699.3K | $425.4K | -39.2% |
| 4 Bedrooms | $850K | $640K | -24.7% |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: 97374 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 112.6%, 3 bedroom homes decreased by 39.2%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97374 | $699.3K | $745K | +6.5% |
| 97355 | $383K | $393.7K | +2.8% |
Housing Supply in 97374, OR
How many homes are available in 97374, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 97374 real estate market had 10 homes for sale in October 2024, a 9.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97374 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 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
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 97374, 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 97374 in October 2024, up by 50.0% 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 97374, OR
How long does it take to sell a home in 97374, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 73 Days | +25.9% |
Summary: Homes in 97374 had an average of 73 days on market in Oct 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97374 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 97374; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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