$499,900
2,401 SqFt
3 Beds
•2 Full Baths
Brian Bemis, Listing Office: RE/MAX Integrity
September 2024
Report Updated 30 Days Ago
Is South Gateway, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, South Gateway was a Seller's Market.
How much do homes in South Gateway, OR cost?
$488,500
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in South Gateway was $488,500 in September 2024, up 6.8% from last year, and the median price per square foot was $254.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $339K | $275K | -18.9% |
3 Bedrooms | $433.2K | $453K | +4.6% |
4 Bedrooms | $546K | $613K | +12.3% |
5+ Bedrooms | $539.5K | $663K | +22.9% |
Summary: South Gateway housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 22.9%.
How many homes are available in South Gateway, OR?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
57 | 53 | -7.0% |
Summary: The South Gateway real estate market had 53 homes for sale in September 2024, a 7.0% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 36 | 33 | -8.3% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The South Gateway housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 66.7%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
14 | 5 | -64.3% |
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in South Gateway in September 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in South Gateway, OR?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
21 Days | 47 Days | +120.3% |
Summary: Homes in South Gateway had an average of 47 days on market in Sep 2024, up by 120.3% compared to last year.
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 5 homes were sold in South Gateway; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service for the period 10/01/2022 - 10/01/2024
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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