$4,750 Closing Credit*
$400,000
2,953 SqFt
3 Beds
•2 Full Baths
Teresa Zamora, Listing Office: eXp Realty, LLC
Is 97458, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 97458 was a Seller's 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
$283,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,050(+13.7%)
Key Takeaway
Homes in 97458 have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in 97458 was $283,500 in October 2024, up 13.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131.7K | - | N/A |
| 2 Bedrooms | $224K | $253K | +12.9% |
| 3 Bedrooms | $265K | $294.9K | +11.3% |
| 4 Bedrooms | $374K | $252.6K | -32.4% |
| 5+ Bedrooms | - | $328.7K | N/A |
Summary: 97458 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 12.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97458 | $249.4K | $283.5K | +13.7% |
| 97423 | $300K | $273.7K | -8.8% |
Housing Supply in 97458, OR
How many homes are available in 97458, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The 97458 real estate market had 26 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 97458 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 decreased by 25%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97458, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 97458 in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 3 Days | -93.8% |
Summary: Homes in 97458 had an average of 3 days on market in Oct 2024, down by 93.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97458 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 97458; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.