$3,076 Closing Credit*
$259,000
912 SqFt
2 Beds
•1 Full Bath
Morgan Vanderwall, Listing Office: Legacy Real Estate
Is 97396, 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, 97396 has remained a Seller's Market.
Key Takeaway
97396 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97396, OR
How much do homes in 97396, OR cost?
Median Sold Price
$340,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.9%)
Key Takeaway
Homes in 97396 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 97396 was $340,000 in October 2024, down 2.9% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212.5K | N/A |
| 2 Bedrooms | $287.5K | $286.2K | -0.4% |
| 3 Bedrooms | $351K | $340.5K | -3.0% |
| 4 Bedrooms | $350K | $367.2K | +4.9% |
| 5+ Bedrooms | $420K | - | N/A |
Summary: 97396 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 0.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.
Housing Supply in 97396, OR
How many homes are available in 97396, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The 97396 real estate market had 25 homes for sale in October 2024, a 19.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97396 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97396, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 97396 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 97396, OR
How long does it take to sell a home in 97396, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 152 Days | 40 Days | -73.8% |
Summary: Homes in 97396 had an average of 40 days on market in Oct 2024, down by 73.8% compared to last year.
Breakdown of Home Sale Times
3 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 97396 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 97396; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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