Is 97463, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97463 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 97463 has remained a Buyer's Market.

Key Takeaway

97463 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 97463, OR

How much do homes in 97463, OR cost?

Median Sold Price

$306,000

$202/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$186,000(+155.0%)

Key Takeaway

Homes in 97463 have sold for 155% more than they did a month ago.

Summary: The median home sold price in 97463 was $306,000 in October 2024, up 155% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $100K-
N/A
2 $140K-
N/A
3 -$306K
N/A
4 --
N/A
5+ --
N/A

Summary: 97463 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97463, OR

How many homes are available in 97463, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1926+36.8%

Summary: The 97463 real estate market had 26 homes for sale in October 2024, a 36.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 48
+100.0%
3 913
+44.4%
4 33
0.0%
5+ 22
0.0%

Summary: The 97463 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 97463, 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 97463 in October 2024, down by 50.0% month-over-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 97463, OR

How long does it take to sell a home in 97463, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
149 Days10 Days-93.3%

Summary: Homes in 97463 had an average of 10 days on market in Oct 2024, down by 93.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97463 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 97463; 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.

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 97463, OR

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