Portland, TN Housing Market & Real Estate

Balanced market+11.6% YoY

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?

Balanced market3.6 months of supply75 avg. days on 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

Current housing market statistics for Portland, TN
MetricValue
Median sale price$313,500
Median list price$334,450
Year-over-year price change+11.6%
Average days on market75 days
Active inventory86 listings
Months of supply3.6 months
Sale-to-list price ratio98.9%
Market conditionBalanced 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

Price drops:26.7%of listings
Sale-to-list:98.9%

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

Public

Portland Gateview Elementary School

Grades PK-5 · 570 students

Public

Portland West Middle School

Grades 6-8 · 495 students

Public

Watt Hardison Elementary

Grades K-5 · 425 students

Public

Portland East Middle School

Grades 6-8 · 406 students

Public

J W Wiseman Elementary

Grades PK-5 · 386 students

Public

Clyde Riggs Elementary

Grades K-5 · 319 students

Public

Sumner County Middle Technical College High School at Portla

Grades 11-12 · 25 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in TN

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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