$5,936 Closing Credit*
$499,900
1,343 SqFt
3 Beds
•2 Full Baths
Tyson Bolster, Listing Office: Georgetown Realty Inc.
Is Foster-Powell, 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, Foster-Powell has remained a Seller's Market.
Key Takeaway
Foster-Powell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Foster-Powell, OR
How much do homes in Foster-Powell, OR cost?
Median Sold Price
$449,500
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,500(-2.1%)
Key Takeaway
Homes in Foster-Powell have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Foster-Powell was $449,500 in October 2024, down 2.1% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.5K | $337.5K | +17.4% |
| 2 Bedrooms | $415K | $411.9K | -0.7% |
| 3 Bedrooms | $470K | $474.9K | +1.1% |
| 4 Bedrooms | $525K | $592K | +12.8% |
| 5+ Bedrooms | $827.5K | - | N/A |
Summary: Foster-Powell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.
Housing Supply in Foster-Powell, OR
How many homes are available in Foster-Powell, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The Foster-Powell real estate market had 38 homes for sale in October 2024, a 11.8% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Foster-Powell 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 18.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 11 | +175.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Foster-Powell, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Foster-Powell in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Foster-Powell, OR
How long does it take to sell a home in Foster-Powell, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +23.7% |
Summary: Homes in Foster-Powell had an average of 31 days on market in Oct 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
6 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 Foster-Powell are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Foster-Powell; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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.