The Central Northeast Portland housing market is very competitive. Homes in Central Northeast Portland receive 4 offers on average and sell in around 24 days. The median sale price of a home in Central Northeast Portland was $499K last month, down 3.0% since last year. The median sale price per square foot in Central Northeast Portland is $313, up 6.1% since last year.
What is the housing market like in Central Northeast Portland today?
In March 2024, Central Northeast Portland home prices were down 3.0% compared to last year, selling for a median price of $499K. On average, homes in Central Northeast Portland sell after 24 days on the market compared to 32 days last year. There were 120 homes sold in March this year, down from 126 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,450
-3.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Northeast Portland, OR
$499,450
-3.0%
United States
To compare other locations to the Central Northeast Portland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portland add value to a home.
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How hot is the Central Northeast Portland housing market?
Central Northeast Portland is very competitive. Homes sell in 12 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
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
can sell for about 6% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Sabin Elementary School
Public • PreK-5
452
Students
13 reviews
10/10
Alameda Elementary School
Public • K-5
730
Students
8 reviews
9/10
Laurelhurst Elementary School
Public • K-8
692
Students
11 reviews
9/10
Beverly Cleary School
Public • K-8
782
Students
6 reviews
8/10
Vernon Elementary School
Public • PreK-8
546
Students
23 reviews
Only showing 5 of
13 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Northeast Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Northeast Portland.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Northeast Portland has a moderate risk of flooding. 332 properties in Central Northeast Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Central Northeast Portland. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Northeast Portland has a minor risk of wildfire. There are 33 properties in Central Northeast Portland that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Central Northeast Portland.
Central Northeast Portland has minimal risk of severe winds over the next 30 years
Wind Factor
Central Northeast Portland has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Central Northeast Portland has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Central Northeast Portland have a Moderate Heat Factor®.
Central Northeast Portland is expected to see a 114% increase in the number of days over 91ºF over the next 30 years. Central Northeast Portland is expected to experience 7