The 97005 housing market is very competitive. Homes in 97005 receive 2 offers on average and sell in around 29 days. The median sale price of a home in 97005 was $520K last month, up 28.4% since last year. The median sale price per square foot in 97005 is $316, down 11.5% since last year.
In March 2024, 97005 home prices were up 28.4% compared to last year, selling for a median price of $520K. On average, homes in 97005 sell after 29 days on the market compared to 17 days last year. There were 35 homes sold in March this year, up from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$520,000
+28.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
97005, OR
$520,000
+28.4%
United States
To compare other locations to the 97005 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oregon add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 97005 housing market?
97005 is very competitive. Homes sell in 15 days.
0
100
73
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 15 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Fir Grove Elementary School
Public • K-5
386
Students
7 reviews
5/10
Ridgewood Elementary School
Public • K-5
421
Students
5 reviews
4/10
William Walker Elementary School
Public • PreK-5
448
Students
13 reviews
3/10
Barnes Elementary School
Public • PreK-5
633
Students
14 reviews
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 97005 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97005.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97005 has a major risk of flooding. 578 properties in 97005 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 97005. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
97005 has a minor risk of wildfire. There are 1 properties in 97005 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 97005.