$6,055 Closing Credit*
$509,900
1,431 SqFt
3 Beds
•2 Full Baths
Susie Hansen, Listing Office: RE/MAX HomeSource
Is Northgate, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Northgate has remained a Seller's Market.
Key Takeaway
Northgate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northgate, OR
How much do homes in Northgate, OR cost?
Median Sold Price
$427,845
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,832(+3.8%)
Key Takeaway
Homes in Northgate have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Northgate was $427,845 in September 2024, up 3.8% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $299K | N/A |
| 2 Bedrooms | $319.9K | $298.4K | -6.7% |
| 3 Bedrooms | $388.2K | $419.2K | +8.0% |
| 4 Bedrooms | $455K | $444.2K | -2.4% |
| 5+ Bedrooms | $508K | - | N/A |
Summary: Northgate 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 6.7%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.
Housing Supply in Northgate, OR
How many homes are available in Northgate, OR?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 33 | 34 | +3.0% |
Summary: The Northgate real estate market had 34 homes for sale in September 2024, a 3.0% increase 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Northgate 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northgate, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Northgate in September 2024, down by 11.1% month-over-month. Of the 8 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for Northgate, OR
How long does it take to sell a home in Northgate, OR?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 51 Days | 19 Days | -61.2% |
Summary: Homes in Northgate had an average of 19 days on market in Sep 2024, down by 61.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northgate are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Northgate; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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.