New - 22 minutes on Rocket3D tour
$6,531 Closing Credit¹
#118309490, Ashley Troy, Listing Office: Redfin
Southeast Portland Housing Market Report January 2025•Multnomah County, Oregon
Housing Prices in Southeast Portland, OR
How much do homes in Southeast Portland, OR cost?
Housing Market Conditions
Is Southeast Portland, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southeast Portland is a Seller's Market
Difference Since January 2024
Since last year, Southeast Portland has remained a Seller's Market.
Insight
Southeast Portland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$538,314$323/SqFt
-$11,155
-2.0%
Based on all homes sold in the last 12 months
Insight
Homes in Southeast Portland have sold for 2% less than they did a year ago.
Summary: The median home sold price in Southeast Portland was $538,314 in January 2025, down 2% from last year, and the median price per square foot was $323.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $330K | $315K | -4.5% |
| 22 Bedrooms | $425K | $412.1K | -3.0% |
| 33 Bedrooms | $565.1K | $555K | -1.8% |
| 44 Bedrooms | $689K | $708.5K | +2.8% |
| 55+ Bedrooms | $885K | $899K | +1.6% |
Summary: Southeast Portland housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.5%. The home price for 2 bedroom homes decreased by -3.0%. The home price for 3 bedroom homes decreased by -1.8%. The home price for 4 bedroom homes increased by +2.8%. The home price for 5 bedroom homes increased by +1.6%.
Housing supply in Southeast Portland, OR
How many homes are available in Southeast Portland, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 467Last MonthJan 2025 | ||
| 4322 months agoDec 2024 | +8.1 % Change MoMDec – Jan |
Summary: The Southeast Portland real estate market had 467 homes for sale in Jan 2025, a 8.1 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 88Last MonthJan 2025 | ||
| 1252 months agoDec 2024 | -29.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 10 | 12 | +20.0% |
| 22 Bedrooms | 150 | 158 | +5.3% |
| 33 Bedrooms | 152 | 166 | +9.2% |
| 44 Bedrooms | 78 | 89 | +14.1% |
| 55+ Bedrooms | 42 | 42 | 0.0% |
Summary: Southeast Portland housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes increased by +5.3%. The inventory for 3 bedroom homes increased by +9.2%. The inventory for 4 bedroom homes increased by +14.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Southeast Portland, OR cost?
Over Asking Price30 Homes
At Asking Price21 Homes
Under Asking Price37 Homes
Insight
If you're buying a home in Southeast Portland, you may be able to get a good deal. 42% of homes here sold below asking price last month.
Summary: A total of 88 homes were sold or pending in Southeast Portland in January 2025, down by 29.6% month-over-month. Of the 88 sold homes, 42% were sold under asking, 24% were sold at asking, and and 34% were sold over asking.
Days on Market for Southeast Portland, OR
How long does it take to sell a home in Southeast Portland, OR?
Breakdown of Home Sale Times
Under 30 Days38 Homes
30 – 90 Days24 Homes
Over 90 Days26 Homes
Insight
Many homes in Southeast Portland are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 88 homes were sold in Southeast Portland; 43% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 67 DaysThis YearJan 2025 | ||
| 40 Days1 year agoJan 2024 | +67.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Southeast Portland had an average listing age of 67 days in Jan 2025, up by 67.6% compared to the previous year.
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Newest Listings in Southeast Portland, OR
What homes are available in Southeast Portland, OR?
New - 3 hours on RocketVideo tour
$7,060 Closing Credit¹
#772186675, Alexander Roy, Josh Devine, Listing Office: John L Scott Portland SW
New - 3 hours on Rocket
$10,000 Closing Credit¹
#433230826, Kevin Levy, Listing Office: Premiere Property Group, LLC
New - 15 hours on Rocket
$4,987 Closing Credit¹
#795127566, Brian Johnson, Andrea Young, Listing Office: Windermere Realty Trust
New - 19 hours on RocketVideo tour
$5,283 Closing Credit¹
#716418605, Darryl Bodle, Kelly Christian, Listing Office: Keller Williams Realty Portland Premiere
New - 20 hours on Rocket
#464210909, Jennifer Lizer, Listing Office: Dwell Realty
New - 22 hours on Rocket
$10,000 Closing Credit¹
#713746285, C. Morgan Davis, Listing Office: Keller Williams PDX Central
New - 22 hours on Rocket
$2,316 Closing Credit¹
#270787030, Jessica Flaa, Listing Office: Windermere Realty Trust
New - 1 day on Rocket
$7,113 Closing Credit¹
#109173836, Ruben Isai, Listing Office: MORE Realty
New - 1 day on Rocket
$6,411 Closing Credit¹
#702679479, Matthew Tackett, Listing Office: Premiere Property Group, LLC
New - 1 day on Rocket
$10,000 Closing Credit¹
#162763066, Greg Messick, Listing Office: RealtyNET, LLC
New - 1 day on Rocket
$4,725 Closing Credit¹
#502836392, Quinn Irvine, Listing Office: MORE Realty
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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: 2/12/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.