$4,156 Closing Credit*
$350,000
1,022 SqFt
3 Beds
•1 Full Bath
Lacey Summers, Lauren Cummings, Listing Office: Bella Casa Real Estate Group
Is 97378, 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, 97378 has remained a Buyer's Market.
Key Takeaway
97378 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97378, OR
How much do homes in 97378, OR cost?
Median Sold Price
$369,999
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.3%)
Key Takeaway
Homes in 97378 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 97378 was $369,999 in October 2024, down 1.3% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $189K | +11.2% |
| 2 Bedrooms | $385K | $286K | -25.7% |
| 3 Bedrooms | $360K | $360.5K | 0.1% |
| 4 Bedrooms | $395K | $499.9K | +26.6% |
| 5+ Bedrooms | $1.4M | $606.8K | -58.1% |
Summary: 97378 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 25.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 58.1%.
Housing Supply in 97378, OR
How many homes are available in 97378, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The 97378 real estate market had 28 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97378 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 increased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97378, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97378 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 97378, OR
How long does it take to sell a home in 97378, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 20 Days | -62.1% |
Summary: Homes in 97378 had an average of 20 days on market in Oct 2024, down by 62.1% compared to last year.
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 97378 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 97378; 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.
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