Is 97444, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97444 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 97444 has remained a Buyer's Market.

Key Takeaway

97444 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 97444, OR

How much do homes in 97444, OR cost?

Median Sold Price

$420,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$47,500(-10.2%)

Key Takeaway

Homes in 97444 have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in 97444 was $420,000 in October 2024, down 10.2% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $365K$380K
+4.1%
2 $438K$380K
-13.2%
3 $575K$500K
-13.0%
4 $550K$1.0M
+81.8%
5+ $1.6M$499K
-68.8%

Summary: 97444 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes decreased by 68.8%.

Median Sold Price Compared To Nearby Zip Codes

97465
+3.1%
97415
+2.0%
97444
-10.2%

Housing Supply in 97444, OR

How many homes are available in 97444, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7170-1.4%

Summary: The 97444 real estate market had 70 homes for sale in October 2024, a 1.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 1918
-5.3%
3 2728
+3.7%
4 109
-10.0%
5+ 87
-12.5%

Summary: The 97444 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97444, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 97444 in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 97444, OR

How long does it take to sell a home in 97444, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days153 Days+221.4%

Summary: Homes in 97444 had an average of 153 days on market in Oct 2024, up by 221.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97444 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in 97444; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 97444, OR

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