$375,000
0.34 Acres
Land
Dana Bankus, Listing Office: Hybrid Real Estate
Is 97446, 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, 97446 has remained a Seller's Market.
Key Takeaway
97446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97446, OR
How much do homes in 97446, OR cost?
Median Sold Price
$403,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,500(-2.8%)
Key Takeaway
Homes in 97446 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 97446 was $403,500 in October 2024, down 2.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $294K | $300.5K | +2.2% |
| 3 Bedrooms | $407.5K | $399K | -2.1% |
| 4 Bedrooms | $439K | $476K | +8.4% |
| 5+ Bedrooms | $430K | $1.4M | +232.6% |
Summary: 97446 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 232.6%.
Housing Supply in 97446, OR
How many homes are available in 97446, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The 97446 real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 97446 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 97446, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97446 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 97446, OR
How long does it take to sell a home in 97446, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 88 Days | +9.7% |
Summary: Homes in 97446 had an average of 88 days on market in Oct 2024, up by 9.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97446 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 97446; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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