$6,650 Closing Credit*
$560,000
1,188 SqFt
2 Beds
•2 Full Baths
Ruth Wilson, Listing Office: Century 21 Agate Realty
Is 97415, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97415 was a Buyer's Market.
Key Takeaway
97415 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97415, OR
How much do homes in 97415, OR cost?
Median Sold Price
$517,500
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.0%)
Key Takeaway
Homes in 97415 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 97415 was $517,500 in October 2024, up 2% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $405K | +22.7% |
| 2 Bedrooms | $412.5K | $427.5K | +3.6% |
| 3 Bedrooms | $525K | $547.5K | +4.3% |
| 4 Bedrooms | $615K | $723.5K | +17.6% |
| 5+ Bedrooms | $925K | $790K | -14.6% |
Summary: 97415 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Zip Codes
| 97415 | $507.5K | $517.5K | +2.0% |
| 97444 | $467.5K | $420K | -10.2% |
Housing Supply in 97415, OR
How many homes are available in 97415, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 99 | -2.0% |
Summary: The 97415 real estate market had 99 homes for sale in October 2024, a 2.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 62 | 58 | -6.5% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 97415 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 decreased by 10%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 21 | +50.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97415, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 97415 in October 2024, up by 50.0% month-over-month. Of the 21 sold homes, 81% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for 97415, OR
How long does it take to sell a home in 97415, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 154 Days | 145 Days | -5.9% |
Summary: Homes in 97415 had an average of 145 days on market in Oct 2024, down by 5.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97415 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 21 homes were sold in 97415; 14% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 62% of homes were sold over 90 days.
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