Market Update: Southeast Portland, Oregon

The Southeast housing market is very competitive. Homes in Southeast receive 4 offers on average and sell in around 13 days. The median sale price of a home in Southeast was $530K last month, up 1.2% since last year. The median sale price per square foot in Southeast is $346, down 0.29% since last year.

What is the housing market like in Southeast today?

In April 2025, Southeast home prices were up 1.2% compared to last year, selling for a median price of $530K. On average, homes in Southeast sell after 13 days on the market compared to 14 days last year. There were 493 homes sold in April this year, up from 379 last year.

How hot is the Southeast housing market?

Southeast is very competitive. Homes sell in 9 days. Many homes get multiple offers, some with waived contingencies. The average homes sell for about 2% above list price and go pending in around 9 days. Hot homes can sell for about 6% above list price and go pending in around 5 days.