$9,488 Closing Credit*
$799,000
2,561 SqFt
4 Beds
•2 Full Baths
Shayna Sutherland, Listing Office: Cascade Hasson Sotheby's International Realty
Is 97381, 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, 97381 was a Seller's Market.
Key Takeaway
97381 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97381, OR
How much do homes in 97381, OR cost?
Median Sold Price
$582,500
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.4%)
Key Takeaway
The sold price of homes in 97381 has remained the same since last year.
Summary: The median home sold price in 97381 was $582,500 in October 2024, up 0.4% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $383K | - | N/A |
| 2 Bedrooms | $448.5K | $420K | -6.4% |
| 3 Bedrooms | $557.9K | $585K | +4.9% |
| 4 Bedrooms | $667.5K | $625K | -6.4% |
| 5+ Bedrooms | $725K | $385.6K | -46.8% |
Summary: 97381 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 decreased by 6.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 46.8%.
Median Sold Price Compared To Nearby Zip Codes
| 97381 | $580K | $582.5K | 0.4% |
| 97362 | $487K | $479.5K | -1.5% |
Housing Supply in 97381, OR
How many homes are available in 97381, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 53 | +17.8% |
Summary: The 97381 real estate market had 53 homes for sale in October 2024, a 17.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 97381 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97381, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 97381 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 97381, OR
How long does it take to sell a home in 97381, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 65 Days | +47.5% |
Summary: Homes in 97381 had an average of 65 days on market in Oct 2024, up by 47.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97381 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 97381; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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