$170,000
1.03 Acres
Land
Eric Dunphy, Listing Office: Hybrid Real Estate
Is 97456, 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, 97456 has remained a Neutral Market.
Key Takeaway
97456 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97456, OR
How much do homes in 97456, OR cost?
Median Sold Price
$504,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$113,000(+28.9%)
Key Takeaway
Homes in 97456 have sold for 28.9% more than they did a year ago.
Summary: The median home sold price in 97456 was $504,500 in October 2024, up 28.9% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $321K | 0.3% |
| 3 Bedrooms | $390.7K | $464K | +18.7% |
| 4 Bedrooms | $619.9K | $515K | -16.9% |
| 5+ Bedrooms | $882.5K | - | N/A |
Summary: 97456 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 0.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97456 | $391.5K | $504.5K | +28.9% |
| 97448 | $493.9K | $488.6K | -1.1% |
Housing Supply in 97456, OR
How many homes are available in 97456, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The 97456 real estate market had 14 homes for sale in October 2024, a 6.7% decrease 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 | 1 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97456 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97456, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 97456 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 97456, OR
How long does it take to sell a home in 97456, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 76 Days | +1430.0% |
Summary: Homes in 97456 had an average of 76 days on market in Oct 2024, up by 1430% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97456 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 97456; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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