$150,000
1.06 Acres
Land
Karen Kennedy, Listing Office: RE/MAX Ultimate Coastal Properties
Is 97444, 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, 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
$414,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$60,500(-12.7%)
Key Takeaway
Homes in 97444 have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in 97444 was $414,500 in November 2024, down 12.7% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $375K | -5.1% |
| 2 Bedrooms | $450K | $380K | -15.6% |
| 3 Bedrooms | $587.2K | $470K | -20.0% |
| 4 Bedrooms | $550K | $870K | +58.2% |
| 5+ Bedrooms | $1.0M | $499K | -51.2% |
Summary: 97444 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 15.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 58.2%, and 5+ bedroom homes decreased by 51.2%.
Housing Supply in 97444, OR
How many homes are available in 97444, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 65 | -3.0% |
Summary: The 97444 real estate market had 65 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 97444 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97444, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 97444 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 81 Days | +41.2% |
Summary: Homes in 97444 had an average of 81 days on market in Nov 2024, up by 41.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97444 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 97444; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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