$2,013 Closing Credit*
$169,500
3,770 SqFt
3 Beds
•2 Baths
Alma Crow, Listing Office: RE/MAX Real Estate Team
Is 97850, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 97850 has remained a Seller's Market.
Key Takeaway
97850 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97850, OR
How much do homes in 97850, OR cost?
Median Sold Price
$310,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.3%)
Key Takeaway
The sold price of homes in 97850 has remained the same since last year.
Summary: The median home sold price in 97850 was $310,000 in October 2024, up 0.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $205K | -2.4% |
| 2 Bedrooms | $247K | $225.9K | -8.5% |
| 3 Bedrooms | $319.5K | $310K | -3.0% |
| 4 Bedrooms | $385K | $365K | -5.2% |
| 5+ Bedrooms | $362.5K | $463K | +27.7% |
Summary: 97850 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 27.7%.
Housing Supply in 97850, OR
How many homes are available in 97850, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 50 | +2.0% |
Summary: The 97850 real estate market had 50 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 97850 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 increased by 25%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97850, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 97850 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 97850, OR
How long does it take to sell a home in 97850, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 41 Days | +170.3% |
Summary: Homes in 97850 had an average of 41 days on market in Oct 2024, up by 170.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97850 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 97850; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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