New - 1 day on Rocket
$5,641 Closing Credit¹
#793003796, Aaron Heard, Andy Hill, Listing Office: Keller Williams PDX Central
Northeast Housing Market Report January 2025•Multnomah County, Oregon
Housing Prices in Northeast, OR
How much do homes in Northeast, OR cost?
Housing Market Conditions
Is Northeast, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northeast is a Neutral Market
Difference Since January 2024
At the same time last year, Northeast was a Seller's Market.
Insight
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.
Median Sold Price
$285,000$222/SqFt
-$56,500
-16.5%
Based on all homes sold in the last 12 months
Insight
Homes in Northeast have sold for 16.5% less than they did a year ago.
Summary: The median home sold price in Northeast was $285,000 in January 2025, down 16.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $205K | - | N/A |
| 22 Bedrooms | $227.5K | $228K | 0.2% |
| 33 Bedrooms | $400K | $410.5K | +2.6% |
| 44 Bedrooms | $514K | $549K | +6.8% |
| 55+ Bedrooms | $531K | - | N/A |
Summary: Northeast housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes increased by +6.8%. The home price for 5 bedroom homes did not change.
Housing supply in Northeast, OR
How many homes are available in Northeast, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthJan 2025 | ||
| 202 months agoDec 2024 | +25.0 % Change MoMDec – Jan |
Summary: The Northeast real estate market had 25 homes for sale in Jan 2025, a 25.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 32 months agoDec 2024 | +33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 16 | +6.7% |
| 33 Bedrooms | 3 | 6 | +100.0% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Northeast 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 increased by +6.7%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Northeast, OR cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Northeast, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Northeast in January 2025, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for Northeast, OR
How long does it take to sell a home in Northeast, OR?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days3 Homes
Insight
Most homes in Northeast are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 4 homes were sold in Northeast; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 150 DaysThis YearJan 2025 | ||
| 113 Days1 year agoJan 2024 | +32.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Northeast had an average listing age of 150 days in Jan 2025, up by 32.6% compared to the previous year.
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Newest Listings in Northeast, OR
What homes are available in Northeast, OR?
New - 2 days on Rocket
$4,155 Closing Credit¹
#24204883, Rick McDowell, Jimmy McDowell, Listing Office: Premiere Property Group, LLC
New - 3 days on Rocket
$3,159 Closing Credit¹
#743786096, Michelle Holmes, Eric Tamayo, Listing Office: Opendoor Brokerage LLC
3D tour
$2,672 Closing Credit¹
#109053185, Aaron Rader, Listing Office: Redfin
3D tour
$2,969 Closing Credit¹
#352933989, Zach Bernards, Listing Office: Willcuts Company Realtors
$6,530 Closing Credit¹
#656174898, Glenn Matz PC, Listing Office: Keller Williams PDX Central
$2,821 Closing Credit¹
#613575382, Ryan Gregory, Listing Office: Keller Williams Realty Portland Premiere
$4,988 Closing Credit¹
#24108064, Jessica Addleman, Debbie Price, Listing Office: The Broker Network, LLC
3D tour
$2,672 Closing Credit¹
#24082048, Aaron Rader, Listing Office: Redfin
$3,443 Closing Credit¹
#24124215, Monique Mackmer, Listing Office: eXp Realty, LLC
Video tour
$3,373 Closing Credit¹
#24538776, Jennifer Maben, Ryan Nall, Listing Office: Harcourts Real Estate Network Group
$2,255 Closing Credit¹
#24002027, Igor Masic, Dragana Atanasov, Listing Office: Mapa Realty NW LLC
Nearby markets
Nearby markets aren't available for Northeast, 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: 2/7/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.