97362 Zip Code Real Estate Market Continues Downward Trend in Contracts

Over the last 30 days, the 97362 zip code market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of three transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Pricing in the 97362 zip code remains consistent from last week to this week, with the median sales price at $286,000 again. The 97362 zip code is a solid buyer's market, due to a downward trend in contracts numbers and nine months of inventory remaining.

Trying to find a home in the 97362 zip code that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$400K   $264K   $269K  

Get started right now by checking out 97362 homes for sale or reviewing 97362 real estate trends.

Demographic facts for the 97362 zip code:

  • The affordability rating is 43. (Scale: 1 = Worst, 100 = Best)
  • The area gets 46.7 inches of rain a year. (U.S. average: 36.5)
  • This area has an income per capita of $19,226.
  • The school rating in this area is 63. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
John L Scott
Snapped 2 homes in this area
Portland Digs
Snapped 1 home in this area
John L. Scott Real Estate
Snapped 1 home in this area

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