$111,000
0.81 Acres
Land
Michael Sterling, Ruby Berry, Listing Office: Beach Loop Realty
Is 97465, 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, 97465 was a Neutral Market.
Key Takeaway
97465 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97465, OR
How much do homes in 97465, OR cost?
Median Sold Price
$412,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,550(+3.1%)
Key Takeaway
Homes in 97465 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 97465 was $412,500 in October 2024, up 3.1% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $370K | N/A |
| 2 Bedrooms | $385K | $375K | -2.6% |
| 3 Bedrooms | $365.4K | $497.5K | +36.1% |
| 4 Bedrooms | $510K | $625.7K | +22.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 97465 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 decreased by 2.6%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 97465 | $399.9K | $412.5K | +3.1% |
| 97444 | $467.5K | $420K | -10.2% |
Housing Supply in 97465, OR
How many homes are available in 97465, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The 97465 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 97465 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97465, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 97465 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 97465, OR
How long does it take to sell a home in 97465, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 97 Days | +352.3% |
Summary: Homes in 97465 had an average of 97 days on market in Oct 2024, up by 352.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97465 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in 97465; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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