$6,174 Closing Credit*
$519,900
1,852 SqFt
Tony Lozzi, Listing Office: John L. Scott Portland Metro
Is North Central, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Central has remained a Seller's Market.
Key Takeaway
North Central is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Central, OR
How much do homes in North Central, OR cost?
Median Sold Price
$449,949
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,949(+3.2%)
Key Takeaway
Homes in North Central have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in North Central was $449,949 in November 2024, up 3.2% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $399.9K | - | N/A |
| 3 Bedrooms | $432.5K | $440K | +1.7% |
| 4 Bedrooms | $444.9K | $487.2K | +9.5% |
| 5+ Bedrooms | $544.9K | $461.7K | -15.3% |
Summary: North Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 15.3%.
Housing Supply in North Central, OR
How many homes are available in North Central, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Summary: The North Central real estate market had 22 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 17 | -26.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The North Central housing inventory by bedroom type for November 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 26.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Central, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in North Central in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for North Central, OR
How long does it take to sell a home in North Central, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 64 Days | +378.3% |
Summary: Homes in North Central had an average of 64 days on market in Nov 2024, up by 378.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Central has remained consistent over time.
Summary: During November 2024, 7 homes were sold in North Central; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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.