Is 97383, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97383 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 97383 was a Buyer's Market.

Key Takeaway

97383 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97383, OR

How much do homes in 97383, OR cost?

Median Sold Price

$559,500

$266/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$262,500(+88.4%)

Key Takeaway

Homes in 97383 have sold for 88.4% more than they did a month ago.

Summary: The median home sold price in 97383 was $559,500 in December 2024, up 88.4% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $297K$559.5K
+88.4%
4 --
N/A
5+ --
N/A

Summary: 97383 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 88.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97383, OR

How many homes are available in 97383, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1110-9.1%

Summary: The 97383 real estate market had 10 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 44
0.0%
5+ 22
0.0%

Summary: The 97383 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97383, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 97383 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 97383, OR

How long does it take to sell a home in 97383, OR?

Average Sale Time

Nov 2024Dec 2024CHANGE
20 Days20 Days+2.5%

Summary: Homes in 97383 had an average of 20 days on market in Dec 2024, up by 2.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97383 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 97383; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 97383, OR

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