$3,146 Closing Credit*
$264,900
1,400 SqFt
3 Beds
•2 Full Baths
Lacey Blackman, Listing Office: eXp Realty, LLC
Is 97882, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$330,536
$218/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$36,151(+12.3%)
Key Takeaway
Homes in 97882 have sold for 12.3% more than they did a month ago.
Summary: The median home sold price in 97882 was $330,536 in November 2024, up 12.3% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.4K | $259K | +21.9% |
| 3 Bedrooms | $316.1K | $355.8K | +12.5% |
| 4 Bedrooms | $294.3K | $309.7K | +5.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 97882 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Housing Supply in 97882, OR
How many homes are available in 97882, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 48 | -22.6% |
Summary: The 97882 real estate market had 48 homes for sale in November 2024, a 22.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 14 | 7 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 97882 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 97882, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 97882 in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 95 Days | +338.3% |
Summary: Homes in 97882 had an average of 95 days on market in Nov 2024, up by 338.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 97882 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in 97882; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.