$6,282 Closing Credit*
$529,000
1,811 SqFt
4 Beds
•2 Full Baths
Nicholas Lowell, Listing Office: Smith Realty Group
Is 97707, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 97707 was a Seller's Market.
Key Takeaway
97707 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97707, OR
How much do homes in 97707, OR cost?
Median Sold Price
$480,000
$493/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$210,000(-30.4%)
Key Takeaway
Homes in 97707 have sold for 30.4% less than they did a month ago.
Summary: The median home sold price in 97707 was $480,000 in October 2024, down 30.4% from last month, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $444K | $480K | +8.1% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.4M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 97707 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 increased by 8.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 97707, OR
How many homes are available in 97707, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 97707 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 97707 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97707, 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 97707 in October 2024, down by 66.7% 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 97707, OR
How long does it take to sell a home in 97707, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 68 Days | +363.6% |
Summary: Homes in 97707 had an average of 68 days on market in Oct 2024, up by 363.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 97707 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 97707; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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