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 20 Days Ago

Newest Listings in 97499, OR

Nearby Markets to 97499, OR