$4,572 Closing Credit*
$384,999
1,480 SqFt
3 Beds
•3 Full Baths
Beau Craig, Listing Office: Real Broker
Is 97378, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 97378 was a Buyer's Market.
Key Takeaway
97378 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97378, OR
How much do homes in 97378, OR cost?
Median Sold Price
$369,999
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$5,001(-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 December 2024, down 1.3% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $189K | +11.2% |
| 2 Bedrooms | $348.5K | $305K | -12.5% |
| 3 Bedrooms | $361.5K | $362.5K | 0.3% |
| 4 Bedrooms | $450K | $428.5K | -4.8% |
| 5+ Bedrooms | $1.4M | $435K | -70.0% |
Summary: 97378 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 70%.
Housing Supply in 97378, OR
How many homes are available in 97378, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The 97378 real estate market had 18 homes for sale in December 2024, a 5.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97378 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97378, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 97378 in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 107 Days | +106.3% |
Summary: Homes in 97378 had an average of 107 days on market in Dec 2024, up by 106.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97378 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 97378; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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