The median sales price for homes in Homestead for Feb 12 to Apr 12 was $439,000. This represents an increase of 115.7%, or $235,500, compared to the prior quarter and an increase of 56.8% compared to the prior year. Sales prices have depreciated 81.5% over the last 5 years in Homestead, Portland. The median sales price of $439,000 for Homestead is 80.84% higher than the median sales price for Portland OR. Average listing price for homes on Trulia in Homestead was $311,771 for the week ending May 09, which represents an increase of 1%, or $3,098 compared to the prior week and an increase of 4.4%, or $13,123, compared to the week ending Apr 18. Average price per square foot for homes in Homestead was $207 in the most recent quarter, which is 21.76% higher than the average price per square foot for homes in Portland.
| Neighborhood | Week ending May 9 | w-o-w | Week ending May 2 | Week ending Apr 25 | Week ending Apr 18 |
|---|---|---|---|---|---|
| Homestead | $311,771 | +1.0% | $308,673 | $296,399 | $298,648 | Portland | $397,083 | +0.5% | $394,924 | $394,042 | $389,901 |
| Neighborhoods | Week ending May 9 |
w-o-w | Week ending May 2 |
Week ending Apr 25 |
|---|---|---|---|---|
| Powellhurst - Gilbert | 1 | +2 | 3 | 1 |
| Centennial | 2 | — | 2 | 2 |
| Southwest Hills | 3 | +2 | 5 | 5 |
| Lents | 4 | — | 4 | 7 |
| Irvington | 5 | +16 | 21 | 12 |
| Montavilla | 6 | +8 | 14 | 14 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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