$3,978 Closing Credit*
$334,950
1,344 SqFt
3 Beds
•2 Full Baths
Maggie Rodriguez, Listing Office: Real Broker
Is 97882, 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, 97882 has remained a Seller's Market.
Key Takeaway
97882 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97882, OR
How much do homes in 97882, OR cost?
Median Sold Price
$294,411
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,463(+9.1%)
Key Takeaway
Homes in 97882 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 97882 was $294,411 in October 2024, up 9.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232K | $214.9K | -7.3% |
| 3 Bedrooms | $267K | $294.4K | +10.3% |
| 4 Bedrooms | $298.2K | $315K | +5.6% |
| 5+ Bedrooms | $389.9K | $343K | -12.1% |
Summary: 97882 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Zip Codes
| 97882 | $269.9K | $294.4K | +9.1% |
| 97838 | $344.9K | $344.4K | -0.1% |
Housing Supply in 97882, OR
How many homes are available in 97882, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 58 | +7.4% |
Summary: The 97882 real estate market had 58 homes for sale in October 2024, a 7.4% increase 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 | 13 | 16 | +23.1% |
| 3 Bedrooms | 32 | 28 | -12.5% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 97882 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 23.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97882, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 97882 in October 2024, up by 87.5% month-over-month. Of the 15 sold homes, 13% were sold under asking, 67% were sold at asking, and 20% were sold over asking.
Days on Market for 97882, OR
How long does it take to sell a home in 97882, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 23 Days | -23.5% |
Summary: Homes in 97882 had an average of 23 days on market in Oct 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97882 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 97882; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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