$3,443 Closing Credit*
$289,900
1,480 SqFt
4 Beds
•2 Full Baths
Monique Mackmer, Listing Office: eXp Realty, LLC
Is Northeast, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Northeast was a Seller's Market.
Key Takeaway
Northeast is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Northeast, OR
How much do homes in Northeast, OR cost?
Median Sold Price
$399,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$84,500(+26.8%)
Key Takeaway
Homes in Northeast have sold for 26.8% more than they did a year ago.
Summary: The median home sold price in Northeast was $399,500 in November 2024, up 26.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $225K | $227.5K | +1.1% |
| 3 Bedrooms | $400K | $410.5K | +2.6% |
| 4 Bedrooms | $508K | $549K | +8.1% |
| 5+ Bedrooms | $531K | - | N/A |
Summary: Northeast 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 increased by 1.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.
Housing Supply in Northeast, OR
How many homes are available in Northeast, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The Northeast real estate market had 27 homes for sale in November 2024, a 22.7% increase 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 | 14 | 17 | +21.4% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northeast 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 increased by 21.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Northeast in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Northeast, OR
How long does it take to sell a home in Northeast, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 32 Days | -30.4% |
Summary: Homes in Northeast had an average of 32 days on market in Nov 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northeast are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Northeast; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.