Is 97473, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97473 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97473 has remained a Seller's Market.

Key Takeaway

97473 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97473, OR

How much do homes in 97473, OR cost?

Median Sold Price

$789,000

$229/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$459,025(+139.1%)

Key Takeaway

Homes in 97473 have sold for 139.1% more than they did a month ago.

Summary: The median home sold price in 97473 was $789,000 in October 2024, up 139.1% from last month, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $299.9K-
N/A
2 $360K-
N/A
3 -$789K
N/A
4 --
N/A
5+ --
N/A

Summary: 97473 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 97473, OR

How many homes are available in 97473, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The 97473 real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 12
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 97473 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 97473, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 97473 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 97473, OR

How long does it take to sell a home in 97473, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
40 Days198 Days+388.9%

Summary: Homes in 97473 had an average of 198 days on market in Oct 2024, up by 388.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 97473 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 97473; 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 4 Days Ago

Newest Listings in 97473, OR

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