The Park Place housing market is somewhat competitive. The median sale price of a home in Park Place was $555K last month, down 18.1% since last year. The median sale price per square foot in Park Place is $291, up 5.4% since last year.
What is the housing market like in Park Place today?
In March 2024, Park Place home prices were down 18.1% compared to last year, selling for a median price of $555K. On average, homes in Park Place sell after 64 days on the market compared to 45 days last year. There were 10 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,000
-18.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Place, OR
$555,000
-18.1%
United States
To compare other locations to the Park Place and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oregon City add value to a home.
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How hot is the Park Place housing market?
Park Place is somewhat competitive. Homes sell in 33 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.0%
+1.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Place, OR
100.0%
+1.5 pt
United States
Home offer insights for Park Place
Explore recent offers and recently sold homes in Park Place
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Park Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Park Place.
Risk Factor
Flood Factor - Major
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Place has a major risk of flooding. 13 properties in Park Place are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Park Place. Flood risk is increasing faster than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Place has a minor risk of wildfire. There are 869 properties in Park Place that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in Park Place.