$7,659 Closing Credit*
$644,960
2,366 SqFt
5 Beds
•3 Full Baths
Meredith Emery, DeAnna Jones, Listing Office: Holt Homes Realty, LLC
Is 97403, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97403 has remained a Seller's Market.
Key Takeaway
97403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97403, OR
How much do homes in 97403, OR cost?
Median Sold Price
$674,950
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,510(+2.7%)
Key Takeaway
Homes in 97403 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 97403 was $674,950 in November 2024, up 2.7% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221.6K | - | N/A |
| 2 Bedrooms | $445K | $423K | -4.9% |
| 3 Bedrooms | $632K | $601.4K | -4.8% |
| 4 Bedrooms | $769.2K | $707K | -8.1% |
| 5+ Bedrooms | $687.9K | $1.1M | +63.5% |
Summary: 97403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 63.5%.
Housing Supply in 97403, OR
How many homes are available in 97403, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The 97403 real estate market had 35 homes for sale in November 2024, a 14.6% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97403 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 decreased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97403, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 97403 in November 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for 97403, OR
How long does it take to sell a home in 97403, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 69 Days | -28.8% |
Summary: Homes in 97403 had an average of 69 days on market in Nov 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
4 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 97403 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 97403; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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