$4,097 Closing Credit*
$345,000
1,577 SqFt
3 Beds
•2 Full Baths
Stacie Rudolfs, Listing Office: Pacific Properties
Is 97420, 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, 97420 was a Seller's Market.
Key Takeaway
97420 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97420, OR
How much do homes in 97420, OR cost?
Median Sold Price
$342,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,200(+2.8%)
Key Takeaway
Homes in 97420 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 97420 was $342,000 in October 2024, up 2.8% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $234.2K | +33.9% |
| 2 Bedrooms | $248K | $260K | +4.8% |
| 3 Bedrooms | $349.5K | $355K | +1.6% |
| 4 Bedrooms | $440K | $409K | -7.0% |
| 5+ Bedrooms | $515K | $435K | -15.5% |
Summary: 97420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.9%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in 97420, OR
How many homes are available in 97420, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 143 | 141 | -1.4% |
Summary: The 97420 real estate market had 141 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 37 | 35 | -5.4% |
| 3 Bedrooms | 65 | 63 | -3.1% |
| 4 Bedrooms | 31 | 29 | -6.5% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 97420 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 19 | -38.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97420, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 97420 in October 2024, down by 38.7% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.
Days on Market for 97420, OR
How long does it take to sell a home in 97420, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 44 Days | -7.7% |
Summary: Homes in 97420 had an average of 44 days on market in Oct 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97420 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 97420; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.