Portland, OR

Balanced market-2.7% YoY

Housing market overview · Updated weekly

$496,250median sale price

Homes sold

504

Last 12 weeks

Days on market

39

Average pace

Active listings

1,573

3.1 months supply

Sale-to-list

99.9%

Below asking

The Portland housing market is currently classified as a balanced market with a median sale price of $496,250. Prices have fallen 2.7% compared to last year, with homes spending an average of 39 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Portland

There are currently 1,573 homes listed for sale in Portland, Oregon. The median listing price is $517K. Featured listings range from $340,000 to $1,350,000.

2 bedroom house for sale at 11272 NE Knott St Portland - $340,000
$340,000

11272 NE Knott St

Portland, OR

2 bd1 ba1,196 sqft
House8,712 sqft lot
More about this property
2 bedroom house for sale at 6700 N Boston Ave Portland - $450,000
$450,000

6700 N Boston Ave

Portland, OR

2 bd1 ba1,502 sqft
House5,227 sqft lot
More about this property
2 bedroom house for sale at 1629 NE 150th Ave Portland - $529,000
$529,000

1629 NE 150th Ave

Portland, OR

2 bd2 ba1,920 sqft
House
More about this property
3 bedroom house for sale at 3410 SW Underwood Dr Portland - $595,000
$595,000

3410 SW Underwood Dr

Portland, OR

3 bd2 ba1,737 sqft
House22,651 sqft lot
More about this property
4 bedroom house for sale at 11513 SW Bambi Ln Portland - $609,900
$609,900

11513 SW Bambi Ln

Portland, OR

4 bd2 ba2,014 sqft
House6,098 sqft lot
More about this property
4 bedroom house for sale at 7776 SW 5th Ave Portland - $625,000
$625,000

7776 SW 5th Ave

Portland, OR

4 bd2 ba2,187 sqft
House5,227 sqft lot
More about this property
4 bedroom house for sale at 8615 SE 55th Ave Portland - $645,000
$645,000

8615 SE 55th Ave

Portland, OR

4 bd2 ba2,290 sqft
House5,663 sqft lot
More about this property
2 bedroom condo for sale at 550 SW 10th Ave Apt 2105 Portland - $1,100,000
$1,100,000

550 SW 10th Ave Apt 2105

Portland, OR

2 bd2 ba1,798 sqft
Condo
More about this property
2 bedroom condo for sale at 550 SW 10th Ave Apt 3106 Portland - $1,200,000
$1,200,000

550 SW 10th Ave Apt 3106

Portland, OR

2 bd2 ba1,434 sqft
Condo
More about this property
2 bedroom condo for sale at 836 S Curry St Unit 102 Portland - $1,295,000
$1,295,000

836 S Curry St Unit 102

Portland, OR

2 bd3 ba2,573 sqft
Condo
More about this property
2 bedroom condo for sale at 550 SW 10th Ave Apt 3105 Portland - $1,300,000
$1,300,000

550 SW 10th Ave Apt 3105

Portland, OR

2 bd2 ba1,629 sqft
Condo
More about this property
5 bedroom house for sale at 840 NW Summit Ave Portland - $1,350,000
$1,350,000

840 NW Summit Ave

Portland, OR

5 bd2 ba3,248 sqft
House7,841 sqft lot
More about this property

Looking to buy in Portland?

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Active listings

1,573

Homes on market

Median list price

$517K

Avg. days on market

39

Days until sale

New this week

711

Newly listed

Price drops:26.1%of listings
Sale-to-list:99.9%

Explore nearby cities in OR

Frequently asked questions

What is the average home price in Portland?

The median home sale price in Portland is $496,250, down 2.7% from last year.

How long do homes stay on market in Portland?

Homes typically spend 39 days on market before going under contract.

Is Portland a buyer's or seller's market?

With 3.1 months of supply, Portland is currently a balanced market.

How many homes are for sale in Portland?

There are currently 1573 homes listed for sale in Portland, OR.

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