97305 Zip Code Real Estate Market Sinks to Contracts Bottom

There were 12 homes sold in the 97305 zip code market over the last 30 days, but six contracts were executed. This marks the lowest amount since April, and could be a sign that the market is nearing a low. When comparing other close-by zip codes within the same period, the most came from the 97071 zip code with 44 contracts executed. Prices are falling in the 97305 zip code, and this period the median price of all sales fell from $224,000 to $223,500. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that the 97305 zip code is a still solid seller's market.

If you're looking for a more established home, then be sure to see these listings in the 97305 zip code that were built before most others in the market:

$120K   $119K   $137K  

Get started right now by checking out 97305 homes for sale or reviewing 97305 real estate trends.

Demographic facts about the 97305 zip code:

  • The population density is 1,021.1 people per square mile.
  • The area's lifestyle rating is 57. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 70.2% of all commuters, while carpools account for 20.3%, and public transit makes up 3.1%.

Data reported through 10/12/2016

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