$5,344 Closing Credit*
$450,000
1,632 SqFt
3 Beds
•2 Full Baths
Jared Barnes, Listing Office: Save Big Realty
Is 97470, 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, 97470 has remained a Seller's Market.
Key Takeaway
97470 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97470, OR
How much do homes in 97470, OR cost?
Median Sold Price
$328,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,000(+9.3%)
Key Takeaway
Homes in 97470 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 97470 was $328,000 in November 2024, up 9.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $159.2K | +81.9% |
| 2 Bedrooms | $240K | $236.4K | -1.5% |
| 3 Bedrooms | $309.5K | $335K | +8.2% |
| 4 Bedrooms | $405K | $485K | +19.8% |
| 5+ Bedrooms | $190K | $410K | +115.8% |
Summary: 97470 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.9%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 115.8%.
Housing Supply in 97470, OR
How many homes are available in 97470, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 106 | -8.6% |
Summary: The 97470 real estate market had 106 homes for sale in November 2024, a 8.6% 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 | 20 | 22 | +10.0% |
| 3 Bedrooms | 61 | 52 | -14.8% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 97470 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 increased by 10%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97470, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 97470 in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 97470, OR
How long does it take to sell a home in 97470, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 54 Days | +13.1% |
Summary: Homes in 97470 had an average of 54 days on market in Nov 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97470 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 97470; 45% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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