Portland, TN
Housing market overview · Updated weekly
$313,500median sale price
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
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
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.
Get Portland market alerts
Weekly updates on prices, inventory, and trends. Free forever.