$5,344 Closing Credit*
$450,000
2,268 SqFt
4 Beds
•2 Full Baths
Jaimes White, Listing Office: McCully Realty
Is Northeast Neighbors, 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, Northeast Neighbors was a Seller's Market.
Key Takeaway
Northeast Neighbors 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 Neighbors, OR
How much do homes in Northeast Neighbors, OR cost?
Median Sold Price
$365,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,000(+4.3%)
Key Takeaway
Homes in Northeast Neighbors have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Northeast Neighbors was $365,000 in September 2024, up 4.3% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $80K | -38.5% |
| 2 Bedrooms | $325K | $315K | -3.1% |
| 3 Bedrooms | $370K | $375K | +1.4% |
| 4 Bedrooms | $367.5K | $445K | +21.1% |
| 5+ Bedrooms | $476.6K | $478.9K | 0.5% |
Summary: Northeast Neighbors housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Northeast Neighbors, OR
How many homes are available in Northeast Neighbors, OR?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The Northeast Neighbors real estate market had 20 homes for sale in September 2024, a 25.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Northeast Neighbors 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 decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Neighbors, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Northeast Neighbors in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Northeast Neighbors, OR
How long does it take to sell a home in Northeast Neighbors, OR?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 33 Days | 9 Days | -72.3% |
Summary: Homes in Northeast Neighbors had an average of 9 days on market in Sep 2024, down by 72.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Neighbors are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Northeast Neighbors; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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