$4,214 Closing Credit*
$354,900
936 SqFt
2 Beds
•1 Full Bath
Kimberly Hamblin, Listing Office: Bella Casa Real Estate Group
Is 97396, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$344,500
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$13,000(-3.6%)
Key Takeaway
Homes in 97396 have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in 97396 was $344,500 in December 2024, down 3.6% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212.5K | N/A |
| 2 Bedrooms | $287.5K | $286.2K | -0.4% |
| 3 Bedrooms | $357.5K | $344K | -3.8% |
| 4 Bedrooms | $382.5K | $384.5K | 0.5% |
| 5+ Bedrooms | $420K | $460K | +9.5% |
Summary: 97396 housing prices by bedroom type for December 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 3.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 97396, OR
How many homes are available in 97396, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The 97396 real estate market had 17 homes for sale in December 2024, a 26.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97396 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 decreased by 50%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97396, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97396 in December 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 40 Days | 80 Days | +98.4% |
Summary: Homes in 97396 had an average of 80 days on market in Dec 2024, up by 98.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 December 2024, 3 homes were sold in 97396; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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