$395,000
3 bd2 ba1,476 sqft
5048 Laurelwood Dr
97603 Housing Market
$321,617
8.9% 1-yrThe average 97603 home value is $321,617, up 8.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
97603 Key Takeaways
Typical Home Values: $321,617
1-year Value Change: +8.9%
(Data through April 30, 2025)
97603 Housing Market Overview
1.1%1-year Market Forecast(May 31, 2025)
112For sale inventory(May 31, 2025)
37New listings(May 31, 2025)
0.977Median sale to list ratio(March 31, 2025)
$331,667Median sale price(March 31, 2025)
$351,333Median list price(May 31, 2025)
5.9%Percent of sales over list price(March 31, 2025)
72.5%Percent of sales under list price(March 31, 2025)
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
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97603 Rental Market Trends
$1,615Average rent in 97603(May 31, 2025)
$2,049National average rent(May 31, 2025)
4.1%Month-over-month change(May 31, 2025)
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
