New - 5 hours on Rocket3D tour
$6,757 Closing Credit¹
#493163599, Ericka Tatum, Jon Loftus, Listing Office: Redfin
97448 Housing Market Report January 2025•Lane County, Oregon
Housing Prices in 97448, OR
How much do homes in 97448, OR cost?
Housing Market Conditions
Is 97448, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
97448 is a Buyer's Market
Difference Since January 2024
At the same time last year, 97448 was a Seller's Market.
Insight
97448 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$475,000$264/SqFt
-$26,400
-5.3%
Based on all homes sold in the last 12 months
Insight
Homes in 97448 have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in 97448 was $475,000 in January 2025, down 5.3% from last year, and the median price per square foot was $264.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 97456 | $443.2K | $469.5K | +5.9% |
| 97404 | $444.9K | $440K | -1.1% |
| 97448 | $501.4K | $475K | -5.3% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $382K | $322.5K | -15.6% |
| 33 Bedrooms | $475K | $449.9K | -5.3% |
| 44 Bedrooms | $519.9K | $534.9K | +2.9% |
| 55+ Bedrooms | $535K | $524.9K | -1.9% |
Summary: 97448 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -15.6%. The home price for 3 bedroom homes decreased by -5.3%. The home price for 4 bedroom homes increased by +2.9%. The home price for 5 bedroom homes decreased by -1.9%.
Housing supply in 97448, OR
How many homes are available in 97448, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthJan 2025 | ||
| 312 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The 97448 real estate market had 31 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 102 months agoDec 2024 | -60.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 4 | +33.3% |
| 33 Bedrooms | 11 | 8 | -27.3% |
| 44 Bedrooms | 11 | 13 | +18.2% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
Summary: 97448 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes decreased by -27.3%. The inventory for 4 bedroom homes increased by +18.2%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 97448, OR cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 97448, 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 97448 in January 2025, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for 97448, OR
How long does it take to sell a home in 97448, OR?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in 97448 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in 97448; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearJan 2025 | ||
| 78 Days1 year agoJan 2024 | -67.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 97448 had an average listing age of 25 days in Jan 2025, down by 67.9% compared to the previous year.
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Newest Listings in 97448, OR
What homes are available in 97448, OR?
New - 3 days on Rocket
$6,413 Closing Credit¹
#461302516, Zoe Brady, Listing Office: Hybrid Real Estate
New - 3 days on Rocket
$5,641 Closing Credit¹
#365975911, Jessica Lay, Listing Office: Windermere RE Lane County
New - 7 days on Rocket
$4,809 Closing Credit¹
#564482811, Arica Mitchell, Listing Office: Song Real Estate
$10,000 Closing Credit¹
#387162246, Marti Templeton-Bays, Listing Office: Triple Oaks Realty LLC
$4,738 Closing Credit¹
#414075698, Laura Gillott, Listing Office: Keller Williams Realty Mid-Willamette
$6,652 Closing Credit¹
#280118135, Kristina Carson, DeAnna Jones, Listing Office: Holt Homes Realty, LLC
3D tour
$7,191 Closing Credit¹
#296062474, Kristina Carson, DeAnna Jones, Listing Office: Holt Homes Realty, LLC
$10,000 Closing Credit¹
#24329752, Stephanie Noble, Listing Office: Keller Williams Realty Eugene and Springfield
$5,343 Closing Credit¹
#289690659, A.D. Smith, Listing Office: Keller Williams Realty Eugene and Springfield
#338542083, Paul Terjeson, Steve Helms, Listing Office: Keller Williams Realty Mid-Willamette
$10,000 Closing Credit¹
#107218666, Teri Dibos, Listing Office: Keller Williams Realty Eugene and Springfield
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
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: 2/6/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.