$3,561 Closing Credit*
$299,900
936 SqFt
2 Beds
•1 Full Bath
Cynthia Johnson, Listing Office: Johnson Group Real Estate, LLC
Is 97458, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97458 was a Neutral Market.
Key Takeaway
97458 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97458, OR
How much do homes in 97458, OR cost?
Median Sold Price
$291,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,500(+15.7%)
Key Takeaway
Homes in 97458 have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in 97458 was $291,500 in November 2024, up 15.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | - | N/A |
| 2 Bedrooms | $232.5K | $256K | +10.1% |
| 3 Bedrooms | $265K | $299.4K | +13.0% |
| 4 Bedrooms | $354K | $264.2K | -25.4% |
| 5+ Bedrooms | $365K | $307.5K | -15.8% |
Summary: 97458 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Zip Codes
| 97458 | $252K | $291.5K | +15.7% |
| 97423 | $295.5K | $277.5K | -6.1% |
Housing Supply in 97458, OR
How many homes are available in 97458, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Summary: The 97458 real estate market had 24 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97458 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97458, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97458 in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 97458, OR
How long does it take to sell a home in 97458, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 84 Days | +6.7% |
Summary: Homes in 97458 had an average of 84 days on market in Nov 2024, up by 6.7% 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 97458 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 97458; 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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.