Portland, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Portland, TN is $313,500, up 11.6% year-over-year. Homes sell in an average of 75 days with 86 active listings. The market is currently a balanced market.
$313,500median sale price
Is Portland a buyer's or seller's market?
Portland, TN is currently a balanced market, based on 3.6 months of supply and homes selling in about 75 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
75
Average pace
Active listings
86
3.6 months supply
Sale-to-list
98.9%
Below asking
Portland, TN market data
| Metric | Value |
|---|---|
| Median sale price | $313,500 |
| Median list price | $334,450 |
| Year-over-year price change | +11.6% |
| Average days on market | 75 days |
| Active inventory | 86 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Portland housing market is currently classified as a balanced market with a median sale price of $313,500. Prices have risen 11.6% compared to last year, with homes spending an average of 75 days on market, indicating 3.6 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 86 homes listed for sale in Portland, Tennessee. The median listing price is $334K.
Active listings
86
Homes on market
Median list price
$334K
Avg. days on market
75
Days until sale
New this week
26
Newly listed
Top public schools in Portland
8 schools tracked · 3,805 students
The largest public schools serving Portland, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Portland High School
Grades 9-12 · 1,179 students
Portland Gateview Elementary School
Grades PK-5 · 570 students
Portland West Middle School
Grades 6-8 · 495 students
Watt Hardison Elementary
Grades K-5 · 425 students
Portland East Middle School
Grades 6-8 · 406 students
J W Wiseman Elementary
Grades PK-5 · 386 students
Clyde Riggs Elementary
Grades K-5 · 319 students
Sumner County Middle Technical College High School at Portla
Grades 11-12 · 25 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Portland?
The median home sale price in Portland is $313,500, up 11.6% from last year.
How long do homes stay on market in Portland?
Homes typically spend 75 days on market before going under contract.
Is Portland a buyer's or seller's market?
With 3.6 months of supply, Portland is currently a balanced market.
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