Market Update: Northeast Portland, Oregon

Northeast Portland, OR Housing Market

The Northeast Portland housing market is very competitive. Homes in Northeast Portland receive 5 offers on average and sell in around 18 days. The median sale price of a home in Northeast Portland was $570K last month, down 8.8% since last year. The median sale price per square foot in Northeast Portland is $335, up 2.6% since last year.

Northeast Portland Housing Market Trends

What is the housing market like in Northeast Portland today?

In April 2025, Northeast Portland home prices were down 8.8% compared to last year, selling for a median price of $570K. On average, homes in Northeast Portland sell after 18 days on the market compared to 12 days last year. There were 192 homes sold in April this year, up from 138 last year. Many homes get multiple offers, some with waived contingencies. The average homes sell for about 2% above list price and go pending in around 12 days. Hot homes on Redfin can sell for about 6% above list price and go pending in around 5 days.