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Portland Market Report

$395,663

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,823,510

AVERAGE PRICE OF 603 MULTI-MILLION DOLLAR HOMES

$1,094,828

AVERAGE PRICE OF 389 NEWLY BUILT HOMES

$1,102,588

AVERAGE PRICE OF 147 HOMES WITH A POOL

$652,744

AVERAGE PRICE OF 175 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $429,076
2 bedrooms $513,082
3 bedrooms $587,527
4 bedrooms $846,058
5 bedrooms $2,036,308
Portland Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 3,257 2,870 2,653 2,661 2,568
Average Price n/a $749,457 $748,797 $742,045 $735,527
Avg Price Change n/a +0.09% +0.91% +0.89% n/a
Median Price $577,937 $561,044 $549,824 $541,259 $537,217
Med Price Change +3.01% +2.04% +1.58% +0.75% +0.05%
Avg Bedrooms 2.74 beds 2.58 beds 2.69 beds 2.55 beds 2.39 beds
Avg Bathrooms 2.19 baths 1.91 baths 1.87 baths 2 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cleveland 286 $738,452 56 days
David Douglas 1 $580,000 24 days
Franklin 239 $617,485 54 days
Ida B Wells 299 $706,622 67 days
Jefferson 314 $661,150 52 days
Lincoln 654 $913,756 85 days
Parkrose 1 $489,900 96 days
Reynolds 1 $445,000 41 days
Westview 1 $2,799,900 31 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,466 n/a 71 days
Distressed Homes 11 $395,663 145 days
Multi-Million Dollar Homes 603 $1,823,510 67 days
Newly Built Homes 389 $1,094,828 111 days
Homes with a Pool 147 $1,102,588 77 days
Reduced Price Homes 175 $652,744 56 days

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Edge Group West - Brokered by eXp Realty
Michael O'Meara
8800 SE Sunnyside Rd, Ste 113S
Clackamas, OR 97015
503-905-2999

Fair Housing/Equal Opportunity
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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than Tim Roh -eXp Realty are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 6/5/2023 12:49 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2023 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
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