RealTrends Market Report

Portland, OR

Single-Family Homes

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Portland, OR

Sun Feb 09 2025
This week the median list price for Portland, OR is $659,500 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 904. Click here to stay informed with the Portland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Portland, OR

Sun Feb 09 2025
This week the median list price for Portland, OR is $659,500 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 904. Click here to stay informed with the Portland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $659,500
Median Price of New Listings $632,000
Per Square Foot $323
Average Days on Market 121
Median Days on Market 84
Price Decreased 41%
Price Increased 3%
Relisted 7%
Inventory 904
Median Rent
Market Action 42
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,289,110 3,799 0.25 - 0.5 acre 5 3.5 35 24 18 133
$772,450 2,511 4,500 - 6,500 sqft 4 2.5 57 33 28 91
$579,450 1,872 4,500 - 6,500 sqft 3 2 58 33 36 70
$414,999 1,197 4,500 - 6,500 sqft 3 1.5 68 36 49 77