$165,000
0.11 Acres
Land
Jillian Burris, Listing Office: RE/MAX South Coast
Is 97439, 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, 97439 was a Neutral Market.
Key Takeaway
97439 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97439, OR
How much do homes in 97439, OR cost?
Median Sold Price
$473,833
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,166(-0.2%)
Key Takeaway
The sold price of homes in 97439 has remained the same since last year.
Summary: The median home sold price in 97439 was $473,833 in October 2024, down 0.2% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259K | $195K | -24.7% |
| 2 Bedrooms | $402.5K | $429.5K | +6.7% |
| 3 Bedrooms | $472K | $478K | +1.3% |
| 4 Bedrooms | $595K | $772.5K | +29.8% |
| 5+ Bedrooms | $1.0M | $737.4K | -29.0% |
Summary: 97439 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes decreased by 29%.
Housing Supply in 97439, OR
How many homes are available in 97439, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 143 | 133 | -7.0% |
Summary: The 97439 real estate market had 133 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 32 | 22 | -31.3% |
| 3 Bedrooms | 84 | 80 | -4.8% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 97439 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97439, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 97439 in October 2024, down by 40.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.
Days on Market for 97439, OR
How long does it take to sell a home in 97439, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 95 Days | +13.6% |
Summary: Homes in 97439 had an average of 95 days on market in Oct 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97439 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 15 homes were sold in 97439; 40% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.
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