$7,754 Closing Credit*
$653,000
1,204 SqFt
3 Beds
•2 Full Baths
Pamula Irish, Listing Office: Premiere Property Group, LLC
Is 97392, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 97392 was a Neutral Market.
Key Takeaway
97392 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97392, OR
How much do homes in 97392, OR cost?
Median Sold Price
$457,242
$272/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$167,758(-26.8%)
Key Takeaway
Homes in 97392 have sold for 26.8% less than they did a month ago.
Summary: The median home sold price in 97392 was $457,242 in November 2024, down 26.8% from last month, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $121K | N/A |
| 3 Bedrooms | $625K | $457.2K | -26.8% |
| 4 Bedrooms | - | $660K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97392 housing prices by bedroom type for November 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 decreased by 26.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97325 | $550K | $449.9K | -18.2% |
| 97392 | $625K | $457.2K | -26.8% |
| 97374 | $989K | $607.5K | -38.6% |
Housing Supply in 97392, OR
How many homes are available in 97392, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The 97392 real estate market had 15 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97392 housing inventory by bedroom type for November 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 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 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 97392, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 97392 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 97392, OR
How long does it take to sell a home in 97392, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 21 Days | -51.5% |
Summary: Homes in 97392 had an average of 21 days on market in Nov 2024, down by 51.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97392 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 97392; 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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.