$3,313 Closing Credit*
$279,000
713 SqFt
1 Bed
•1 Full Bath
Ron Reel PhD, Susan Oliver, Listing Office: Premier Ocean Properties
Is 97444, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $380K | +4.1% |
| 2 Bedrooms | $438K | $380K | -13.2% |
| 3 Bedrooms | $575K | $500K | -13.0% |
| 4 Bedrooms | $550K | $1.0M | +81.8% |
| 5+ Bedrooms | $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%.
Housing Supply in 97444, OR
How many homes are available in 97444, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 8 | 7 | -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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 153 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
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.
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