New - 2 hours on Rocket
$6,293 Closing Credit¹
#330767902, Denise Spanke, Listing Office: Premiere Property Group, LLC
Centennial Housing Market Report January 2025•Multnomah County, Oregon
Housing Prices in Centennial, OR
How much do homes in Centennial, OR cost?
Housing Market Conditions
Is Centennial, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Centennial is a Seller's Market
Difference Since January 2024
At the same time last year, Centennial was a Buyer's Market.
Insight
Centennial is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$405,500$278/SqFt
+$6,500
+1.6%
Based on all homes sold in the last 12 months
Insight
Homes in Centennial have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Centennial was $405,500 in January 2025, up 1.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $307K | $265K | -13.7% |
| 22 Bedrooms | $315K | $330K | +4.8% |
| 33 Bedrooms | $399K | $402.9K | +1.0% |
| 44 Bedrooms | $451K | $442K | -2.0% |
| 55+ Bedrooms | $498K | $518K | +4.0% |
Summary: Centennial housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -13.7%. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +1.0%. The home price for 4 bedroom homes decreased by -2.0%. The home price for 5 bedroom homes increased by +4.0%.
Housing supply in Centennial, OR
How many homes are available in Centennial, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 57Last MonthJan 2025 | ||
| 642 months agoDec 2024 | -10.9 % Change MoMDec – Jan |
Summary: The Centennial real estate market had 57 homes for sale in Jan 2025, a 10.9 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -35.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 8 | 7 | -12.5% |
| 33 Bedrooms | 41 | 36 | -12.2% |
| 44 Bedrooms | 10 | 9 | -10.0% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Centennial housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes decreased by -12.2%. The inventory for 4 bedroom homes decreased by -10.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Centennial, OR cost?
Over Asking Price7 Homes
At Asking Price0 Home
Under Asking Price6 Homes
Insight
If you're buying a home in Centennial, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Centennial in January 2025, down by 35.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and and 54% were sold over asking.
Days on Market for Centennial, OR
How long does it take to sell a home in Centennial, OR?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days5 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Centennial has remained consistent over time.
Summary: During January 2025, 13 homes were sold in Centennial; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 74 DaysThis YearJan 2025 | ||
| 22 Days1 year agoJan 2024 | +233.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Centennial had an average listing age of 74 days in Jan 2025, up by 233.0% compared to the previous year.
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Newest Listings in Centennial, OR
What homes are available in Centennial, OR?
New - 2 days on Rocket
$3,313 Closing Credit¹
#591633431, Mary Jo Avery, Listing Office: Avery Bunick Luxury Properties
New - 2 days on Rocket
$2,316 Closing Credit¹
#640699922, Jordan McAllister, Listing Office: MORE Realty
New - 3 days on Rocket
$2,613 Closing Credit¹
#24659841, Jordan Matin, Paris Vollstedt, Listing Office: Matin Real Estate
New - 3 days on Rocket
$5,699 Closing Credit¹
#503961321, Brittany Bragg, Listing Office: Windermere Realty Trust
New - 4 days on Rocket3D tour
$4,749 Closing Credit¹
#532468939, Libby Benz, Drew McCulloch, Listing Office: Windermere Realty Trust
New - 4 days on Rocket
$3,503 Closing Credit¹
#551914976, Katie Fracasso PC, Julie Studenroth, Listing Office: Living Room Realty
New - 5 days on Rocket
$4,868 Closing Credit¹
#24049971, Bob Sisul, Bryce Rosenbaum, Listing Office: Harcourts Real Estate Network Group
New - 7 days on Rocket
$4,393 Closing Credit¹
#779147255, Jason Green, Listing Office: Bungalow Living Brokerage, Inc.
$4,108 Closing Credit¹
#257796370, Bob Sisul, Bryce Rosenbaum, Listing Office: Harcourts Real Estate Network Group
$4,868 Closing Credit¹
#24284738, Bob Sisul, Bryce Rosenbaum, Listing Office: Harcourts Real Estate Network Group
$3,443 Closing Credit¹
#408064436, Jason Preuit, Listing Office: Premiere Property Group, LLC
Nearby markets
Nearby markets aren't available for Centennial, OR
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
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 © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.