$6,353 Closing Credit*
$534,999
1,816 SqFt
3 Beds
•2 Full Baths
Gus Sanchez, Mark Peterson, Listing Office: Redfin
Is Riverhouse Condo, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Riverhouse Condo was a Seller's Market.
Key Takeaway
Riverhouse Condo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Riverhouse Condo, OR
How much do homes in Riverhouse Condo, OR cost?
Median Sold Price
$330,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,875(+6.1%)
Key Takeaway
Homes in Riverhouse Condo have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Riverhouse Condo was $330,000 in October 2024, up 6.1% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $314K | +12.1% |
| 2 Bedrooms | $329K | $330K | 0.3% |
| 3 Bedrooms | $460K | $487.5K | +6.0% |
| 4 Bedrooms | $361K | $412.5K | +14.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Riverhouse Condo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Riverhouse Condo | $311.1K | $330K | +6.1% |
| North Portland | $474.9K | $465.5K | -2.0% |
| Hayden Island | $420K | $387.5K | -7.7% |
Housing Supply in Riverhouse Condo, OR
How many homes are available in Riverhouse Condo, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Riverhouse Condo real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Riverhouse Condo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverhouse Condo, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Riverhouse Condo in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Riverhouse Condo, OR
How long does it take to sell a home in Riverhouse Condo, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 69 Days | +4.9% |
Summary: Homes in Riverhouse Condo had an average of 69 days on market in Oct 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Riverhouse Condo has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Riverhouse Condo; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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