The 97048 housing market is somewhat competitive. The median sale price of a home in 97048 was $480K last month, up 39.3% since last year. The median sale price per square foot in 97048 is $283, up 86.2% since last year.
In March 2024, 97048 home prices were up 39.3% compared to last year, selling for a median price of $480K. On average, homes in 97048 sell after 72 days on the market compared to 75 days last year. There were 7 homes sold in March this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
+39.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
97048, OR
$480,000
+39.3%
United States
To compare other locations to the 97048 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.
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How hot is the 97048 housing market?
97048 is somewhat competitive. Homes sell in 40 days.
0
100
59
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 2% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 22 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Olympic Elementary School
Public • K-5
401
Students
8 reviews
7/10
Columbia Valley Garden Elementary School
Public • K-5
422
Students
3 reviews
6/10
Northlake Elementary School
Public • K-5
332
Students
8 reviews
5/10
Wallace Elementary School
Public • K-5
359
Students
2 reviews
5/10
Butler Acres Elementary School
Public • K-5
410
Students
3 reviews
Only showing 5 of
14 elementary schools.
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 97048 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97048.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97048 has a moderate risk of flooding. 330 properties in 97048 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 97048. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
97048 has a moderate risk of wildfire. There are 3,724 properties in 97048 that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in 97048.