$5,818 Closing Credit*
$489,900
1,528 SqFt
3 Beds
•2 Full Baths
Sheri Greatwood, Kallie Greatwood, Listing Office: Realty One Group Prestige
Is 97487, 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, 97487 has remained a Seller's Market.
Key Takeaway
97487 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97487, OR
How much do homes in 97487, OR cost?
Median Sold Price
$440,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+1.9%)
Key Takeaway
Homes in 97487 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 97487 was $440,000 in November 2024, up 1.9% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282K | $300K | +6.4% |
| 2 Bedrooms | $370K | $377K | +1.9% |
| 3 Bedrooms | $424K | $419.9K | -1.0% |
| 4 Bedrooms | $498K | $478.3K | -3.9% |
| 5+ Bedrooms | $520K | $670K | +28.8% |
Summary: 97487 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 28.8%.
Median Sold Price Compared To Nearby Zip Codes
| 97487 | $432K | $440K | +1.9% |
| 97405 | $549.2K | $530K | -3.5% |
Housing Supply in 97487, OR
How many homes are available in 97487, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 29 | -25.6% |
Summary: The 97487 real estate market had 29 homes for sale in November 2024, a 25.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 13 | -31.6% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 97487 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 remained the same, 3 bedroom homes decreased by 31.6%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97487, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 97487 in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 97487, OR
How long does it take to sell a home in 97487, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 35 Days | -19.8% |
Summary: Homes in 97487 had an average of 35 days on market in Nov 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97487 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 97487; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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