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 21 Days Ago

Newest Listings in 97473, OR

Nearby Markets to 97473, OR