$7,113 Closing Credit*
$599,000
1,452 SqFt
3 Beds
•2 Full Baths
Patricia Piper, 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 November 2023
Since last year, 97415 has remained a Buyer's Market.
Key Takeaway
97415 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97415, OR
How much do homes in 97415, OR cost?
Median Sold Price
$535,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+4.4%)
Key Takeaway
Homes in 97415 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 97415 was $535,000 in November 2024, up 4.4% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $405K | +22.7% |
| 2 Bedrooms | $412.5K | $440K | +6.7% |
| 3 Bedrooms | $560K | $548.7K | -2.0% |
| 4 Bedrooms | $604K | $750K | +24.2% |
| 5+ Bedrooms | $925K | $790K | -14.6% |
Summary: 97415 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Zip Codes
| 97415 | $512.5K | $535K | +4.4% |
| 97444 | $475K | $414.5K | -12.7% |
Housing Supply in 97415, OR
How many homes are available in 97415, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 80 | -15.8% |
Summary: The 97415 real estate market had 80 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 57 | 48 | -15.8% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 97415 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 18.8%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 9 | -57.1% |
Asking Price vs. Sold Price
7 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 97415, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 97415 in November 2024, down by 57.1% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 93 Days | 195 Days | +107.7% |
Summary: Homes in 97415 had an average of 195 days on market in Nov 2024, up by 107.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 9 homes were sold in 97415; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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