$4,144 Closing Credit*
$349,000
1,342 SqFt
2 Beds
•1 Full Bath
Scott Barraza, Listing Office: Village Realty
Is 97417, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97417 was a Seller's Market.
Key Takeaway
97417 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97417, OR
How much do homes in 97417, OR cost?
Median Sold Price
$266,662
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$28,337(-9.6%)
Key Takeaway
Homes in 97417 have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in 97417 was $266,662 in November 2024, down 9.6% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $228K | +6.0% |
| 3 Bedrooms | $383.4K | $268K | -30.1% |
| 4 Bedrooms | $295K | $355K | +20.3% |
| 5+ Bedrooms | $338K | $475.9K | +40.8% |
Summary: 97417 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 increased by 6%, 3 bedroom homes decreased by 30.1%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 40.8%.
Median Sold Price Compared To Nearby Zip Codes
| 97457 | $291K | $299.5K | +2.9% |
| 97417 | $295K | $266.6K | -9.6% |
Housing Supply in 97417, OR
How many homes are available in 97417, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 97417 real estate market had 16 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97417 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97417, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97417 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97417, OR
How long does it take to sell a home in 97417, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 104 Days | +179.9% |
Summary: Homes in 97417 had an average of 104 days on market in Nov 2024, up by 179.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97417 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 97417; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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