The South Gateway housing market is somewhat competitive. Homes in South Gateway receive 2 offers on average and sell in around 62.5 days. The median sale price of a home in South Gateway was $490K last month, up 4.4% since last year. The median sale price per square foot in South Gateway is $258, down 6.5% since last year.
What is the housing market like in South Gateway today?
In May 2025, South Gateway home prices were up 4.4% compared to last year, selling for a median price of $490K. On average, homes in South Gateway sell after 63 days on the market compared to 46 days last year. There were 66 homes sold in May this year, down from 83 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$489,652
+4.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
South Gateway, OR
$489,652
+4.4%
United States
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How hot is the South Gateway housing market?
South Gateway is somewhat competitive. Homes sell in 55 days.
0
100
48
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 55 days.
Hot homes
can sell for about 1% above list price and go pending in around 26 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.1%
-0.028 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
South Gateway, OR
99.1%
-0.028 pt
United States
Home offer insights for South Gateway
Explore recent offers and recently sold homes in South Gateway
Recent offers
Offer Not Accepted|
10 Weeks Ago
~$450K Offer
Sold for $450K
3bd | 2ba | ~1,500sqft
Over List Price
2%
Days on Market
18
Competing Offers
0
Down Payment
<10%
Tara Cowlthorp
South Gateway Redfin Agent
Seller could not accept an FHA financed offer. Seller bought the house 2 months ago and FHA requires 90 days prior to offer acceptance.…
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 South Gateway housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Gateway.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Gateway has a minor risk of flooding. 306 properties in South Gateway are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in South Gateway. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Gateway has a moderate risk of wildfire. There are 7,010 properties in South Gateway that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in South Gateway.
South Gateway has minimal risk of severe winds over the next 30 years
Wind Factor
South Gateway has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.