$3,859 Closing Credit*
$325,000
1,647 SqFt
3 Beds
•2 Full Baths
Kelli Hildebrandt, Listing Office: Blue Summit Realty Group
Is 97850, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 97850 was a Neutral Market.
Key Takeaway
97850 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 97850, OR
How much do homes in 97850, OR cost?
Median Sold Price
$310,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, up 0.3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.5K | $205K | +28.5% |
| 2 Bedrooms | $248.8K | $230.9K | -7.2% |
| 3 Bedrooms | $315.5K | $310K | -1.7% |
| 4 Bedrooms | $358.5K | $365K | +1.8% |
| 5+ Bedrooms | $362.5K | $463K | +27.7% |
Summary: 97850 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 1.8%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 44 | -17.0% |
Summary: The 97850 real estate market had 44 homes for sale in November 2024, a 17.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 22 | 15 | -31.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 97850 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97850, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 97850 in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 66 Days | +14.0% |
Summary: Homes in 97850 had an average of 66 days on market in Nov 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 4 homes were sold in 97850; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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