New - 7 hours on Rocket
$6,828 Closing Credit¹
#782737496, Becki Unger, Gina Hosford, Listing Office: Better Homes & Gardens Realty
97223 Housing Market Report December 2024•Washington County, Oregon
Housing Prices in 97223, OR
How much do homes in 97223, OR cost?
Housing Market Conditions
Is 97223, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
97223 is a Seller's Market
Difference Since December 2023
Since last year, 97223 has remained a Seller's Market.
Insight
97223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$600,000$321/SqFt
+$5,266
+0.9%
Based on all homes sold in the last 12 months
Insight
Homes in 97223 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 97223 was $600,000 in December 2024, up 0.9% from last year, and the median price per square foot was $321.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $195K | $210.7K | +8.1% |
| 22 Bedrooms | $399.8K | $403.5K | +0.9% |
| 33 Bedrooms | $553K | $572.5K | +3.5% |
| 44 Bedrooms | $680K | $710K | +4.4% |
| 55+ Bedrooms | $800K | $812.5K | +1.6% |
Summary: 97223 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +8.1%. The home price for 2 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +3.5%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes increased by +1.6%.
Housing supply in 97223, OR
How many homes are available in 97223, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 112Last MonthDec 2024 | ||
| 1392 months agoNov 2024 | -19.4 % Change MoMNov – Dec |
Summary: The 97223 real estate market had 112 homes for sale in Dec 2024, a 19.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthDec 2024 | ||
| 342 months agoNov 2024 | -20.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 16 | 13 | -18.8% |
| 33 Bedrooms | 58 | 45 | -22.4% |
| 44 Bedrooms | 42 | 36 | -14.3% |
| 55+ Bedrooms | 22 | 17 | -22.7% |
Summary: 97223 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -18.8%. The inventory for 3 bedroom homes decreased by -22.4%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -22.7%.
Asking Price vs. Sold Price
How much do homes in 97223, OR cost?
Over Asking Price11 Homes
At Asking Price7 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in 97223, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 97223 in December 2024, down by 20.6% month-over-month. Of the 27 sold homes, 33% were sold under asking, 26% were sold at asking, and and 41% were sold over asking.
Days on Market for 97223, OR
How long does it take to sell a home in 97223, OR?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days9 Homes
Over 90 Days7 Homes
Insight
Many homes in 97223 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 27 homes were sold in 97223; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 57 DaysThis YearDec 2024 | ||
| 39 Days1 year agoDec 2023 | +46.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 97223 had an average listing age of 57 days in Dec 2024, up by 46.1% compared to the previous year.
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Newest Listings in 97223, OR
What homes are available in 97223, OR?
New - 1 day on Rocket
$7,422 Closing Credit¹
#407663155, Brian Getman, Joey Gatto, Listing Office: Where, Inc
New - 1 day on Rocket
$4,655 Closing Credit¹
#348802035, Lee Toft, Listing Office: Premiere Property Group, LLC
New - 1 day on RocketVideo tour
$5,046 Closing Credit¹
#485388196, Kimberly Gellatly, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
New - 1 day on Rocket
$4,749 Closing Credit¹
#344400090, Marc Fox, Mike Mercado-Smith, Listing Office: Keller Williams Realty Portland Premiere
New - 3 days on Rocket
$9,025 Closing Credit¹
#153039100, Breylan Deal-Eriksen, Rykie Kelly, Listing Office: Think Real Estate
New - 7 days on Rocket
$7,066 Closing Credit¹
#725460293, Eliott Long, Listing Office: Move Real Estate Inc
$8,301 Closing Credit¹
#426107040, Joe Gibson, Listing Office: Proud Realty LLC
$8,609 Closing Credit¹
#360877904, Nick Shivers, Brian Duhrkoop, Listing Office: Keller Williams PDX Central
$10,000 Closing Credit¹
#314107237, Cornell Mann, Listing Office: Great Western Real Estate Co
$7,718 Closing Credit¹
#395065217, Victoria Hudson, Jeffrey Hudson, Listing Office: MORE Realty
$6,757 Closing Credit¹
#308467621, Gayle Clopton, Kevin Clopton, Listing Office: Realty First
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 01/01/2023 - 01/01/2025
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 © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.