$9,499 Closing Credit*
$799,900
3,165 SqFt
5 Beds
•2 Full Baths
Jennifer Cox, Listing Office: RE/MAX Integrity
Is 97471, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 97471 was a Seller's Market.
Key Takeaway
97471 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 97471, OR
How much do homes in 97471, OR cost?
Median Sold Price
$415,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,000(+9.2%)
Key Takeaway
Homes in 97471 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 97471 was $415,000 in December 2024, up 9.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $335K | +19.6% |
| 2 Bedrooms | $277K | $257K | -7.2% |
| 3 Bedrooms | $366.8K | $395K | +7.7% |
| 4 Bedrooms | $500K | $623.6K | +24.7% |
| 5+ Bedrooms | $594K | $582.5K | -1.9% |
Summary: 97471 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Zip Codes
| 97496 | $316.5K | $348.1K | +10.0% |
| 97471 | $380K | $415K | +9.2% |
Housing Supply in 97471, OR
How many homes are available in 97471, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 117 | 102 | -12.8% |
Summary: The 97471 real estate market had 102 homes for sale in December 2024, a 12.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 70 | 56 | -20.0% |
| 4 Bedrooms | 32 | 31 | -3.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 97471 housing inventory by bedroom type for December 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 decreased by 3.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 16 | -40.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97471, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 97471 in December 2024, down by 40.7% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 97471, OR
How long does it take to sell a home in 97471, OR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 48 Days | 65 Days | +34.3% |
Summary: Homes in 97471 had an average of 65 days on market in Dec 2024, up by 34.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97471 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in 97471; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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