Is 97499, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 97499 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 97499 has remained a Seller's Market.

Key Takeaway

97499 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 97499, OR

How much do homes in 97499, OR cost?

Median Sold Price

$287,500

$179/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$167,500(-36.8%)

Key Takeaway

Homes in 97499 have sold for 36.8% less than they did a month ago.

Summary: The median home sold price in 97499 was $287,500 in October 2024, down 36.8% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$243K
N/A
3 $475K-
N/A
4 --
N/A
5+ $435K$332K
-23.7%

Summary: 97499 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 decreased by 23.7%.

Median Sold Price Compared To Nearby Zip Codes

97462
+1.8%
97499
-36.8%

Housing Supply in 97499, OR

How many homes are available in 97499, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The 97499 real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The 97499 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 97499, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 97499 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 97499, OR

How long does it take to sell a home in 97499, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
68 Days5 Days-92.6%

Summary: Homes in 97499 had an average of 5 days on market in Oct 2024, down by 92.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 97499 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 97499; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 97499, OR

Nearby Markets to 97499, OR