Forest Grove, OR Home Values & Market Trends
Real estate market trends reflect that there have been 314 transactions over the past year in Forest Grove. The median value for residential home transactions that occurred over the previous year is $517,641.58. The number of current listings in Forest Grove is 26, and the percentage of properties for sale in the city is 26.00%. Forest Grove, OR currently has 4 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 26 properties for sale.
Forest Grove, OR Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 97116 | $ 572,982 $ 281/sqft |
Housing Market Summary for Forest Grove, OR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $728K | $502.5K | -30.98% |
| Median Sold Price | $516K | $502.5K | -2.62% |
| Homes For Sale | 13 | 24 | 84.62% |
| Homes Sold | 162 | 165 | 1.85% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forest Grove, OR
Browse Homes in Forest Grove, OR
Forest Grove home values range from $28,418 to $9,272,349. The median estimated value of a home in Forest Grove is $517,641.58. The median list price of a home is 649,500, and the total count of properties in the city is 7,233.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Forest Grove, OR with 97116 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest Grove, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $467,154 in 97116 to the lowest home value of $467,154 in 97116.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forest Grove, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forest Grove, OR. There is 1 zips within Forest Grove, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions97116 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Forest Grove, OR. Auction homes and other auction properties account for 0.04% of all properties in Forest Grove, OR. There is 1 zips within Forest Grove, OR; of that zips, the median estimated home value for homes going to auction ranges from $824,047 in 97116 to the lowest value of $428,745 in 97116.
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More Real Estate Resources for Forest Grove, OR
Guide for Forest Grove, OR
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