Is 97454, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97454 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 97454 has remained a Buyer's Market.

Key Takeaway

97454 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 97454, OR

How much do homes in 97454, OR cost?

Median Sold Price

$710,000

$363/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$2,500(-0.4%)

Key Takeaway

The sold price of homes in 97454 has remained the same since last month.

Summary: The median home sold price in 97454 was $710,000 in October 2024, down 0.4% from last month, and the median price per square foot was $363.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $712.5K$710K
-0.4%
4 --
N/A
5+ --
N/A

Summary: 97454 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

97454
-0.4%
97489
-89.0%

Housing Supply in 97454, OR

How many homes are available in 97454, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The 97454 real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 65
-16.7%
4 12
+100.0%
5+ 00
0.0%

Summary: The 97454 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97454, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 97454 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 97454, OR

How long does it take to sell a home in 97454, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
41 Days202 Days+392.7%

Summary: Homes in 97454 had an average of 202 days on market in Oct 2024, up by 392.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97454 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 97454; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

Newest Listings in 97454, OR

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