Is 97469, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97469 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97469 has remained a Seller's Market.

Key Takeaway

97469 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97469, OR

How much do homes in 97469, OR cost?

Median Sold Price

$256,500

$179/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$35,000(+15.8%)

Key Takeaway

Homes in 97469 have sold for 15.8% more than they did a month ago.

Summary: The median home sold price in 97469 was $256,500 in October 2024, up 15.8% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$142K
N/A
3 $232K$371K
+59.9%
4 --
N/A
5+ $211K-
N/A

Summary: 97469 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 increased by 59.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97469, OR

How many homes are available in 97469, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 97469 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The 97469 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 97469, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 97469 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 97469, OR

How long does it take to sell a home in 97469, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
74 Days212 Days+185.2%

Summary: Homes in 97469 had an average of 212 days on market in Oct 2024, up by 185.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97469 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 97469; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in 97469, OR

Nearby Markets to 97469, OR