Home Sales Fall in 97448 Zip Code Real Estate Market

Home sales in the 97448 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 18.8% to 13 homes sold over the last 30 days. Within the same time frame, the 97402 zip code had 57 sales, the most of all zip codes in the area. The median sales price dropped to $260,000 over the latest reporting period for the 97448 zip code, down from $288,000. In spite of the decrease in sales, a low three months of inventory signals that the 97448 zip code is a seller's market.

Want a more traditional home in the 97448 zip code? Then start your search with these listings that were built before most others in the market:

$369K   $299K   $159K  

Get started right now by checking out 97448 homes for sale or reviewing 97448 real estate trends.

Demographic facts for the 97448 zip code:

  • This area has a median house value of $172,000.
  • Average number of rainy days is 139 per year. (U.S. average: 100)
  • The unemployment rate is 8.3%.
  • For every teacher there are 18.2 students in this area. (15.3 = national average)

Data reported through 10/19/2016


Ask a local expert about this area:
RE/MAX Integrity
10 reviews
HomeSmart Realty Group | Oregon Real Estate Broker | DRE: 780502110
Snapped 1 home in this area

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