Is 97467, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97467 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 97467 has remained a Seller's Market.

Key Takeaway

97467 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97467, OR

How much do homes in 97467, OR cost?

Median Sold Price

$288,250

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,750(-11.3%)

Key Takeaway

Homes in 97467 have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in 97467 was $288,250 in October 2024, down 11.3% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$226.5K
-7.6%
3 $340.4K$327K
-4.0%
4 $350K$386.5K
+10.4%
5+ $450K$598K
+32.9%

Summary: 97467 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 7.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 32.9%.

Housing Supply in 97467, OR

How many homes are available in 97467, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4233-21.4%

Summary: The 97467 real estate market had 33 homes for sale in October 2024, a 21.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 2215
-31.8%
4 118
-27.3%
5+ 00
0.0%

Summary: The 97467 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 12.5%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97467, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 97467 in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 97467, OR

How long does it take to sell a home in 97467, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days42 Days-3.4%

Summary: Homes in 97467 had an average of 42 days on market in Oct 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97467 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 97467; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

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