$65,000
0.28 Acres
Land
Randy Hoffine, Listing Office: Pacific Properties
Is 97459, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97459 has remained a Seller's Market.
Key Takeaway
97459 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97459, OR
How much do homes in 97459, OR cost?
Median Sold Price
$350,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-5.4%)
Key Takeaway
Homes in 97459 have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in 97459 was $350,000 in November 2024, down 5.4% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233K | $200K | -14.2% |
| 2 Bedrooms | $279K | $264K | -5.4% |
| 3 Bedrooms | $380K | $368K | -3.2% |
| 4 Bedrooms | $470K | $427K | -9.1% |
| 5+ Bedrooms | $481K | $645K | +34.1% |
Summary: 97459 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 34.1%.
Housing Supply in 97459, OR
How many homes are available in 97459, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 59 | -10.6% |
Summary: The 97459 real estate market had 59 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 4 | -55.6% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 97459 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 55.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97459, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 97459 in November 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for 97459, OR
How long does it take to sell a home in 97459, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 72 Days | +57.9% |
Summary: Homes in 97459 had an average of 72 days on market in Nov 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97459 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 97459; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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