Fidelity's Market Report

Portland, OR 97217

Single-Family Homes

Compliments of Fidelity National Title Company | www.fidelityportland.com


Portland, OR 97217

Tue Jul 01 2025
This week the median list price for Portland, OR 97217 is $529,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 76. 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.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Portland, OR 97217

Tue Jul 01 2025
This week the median list price for Portland, OR 97217 is $529,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 76. 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.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $529,950
Median Price of New Listings $650,000
Per Square Foot $308
Average Days on Market 70
Median Days on Market 35
Price Decreased 45%
Price Increased 1%
Relisted 1%
Inventory 76
Median Rent
Market Action 45
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$798,000 2,434 4,500 - 6,500 sqft 3 3 84 2 2 28
$596,000 2,289 4,500 - 6,500 sqft 4 2 97 6 8 28
$479,900 1,169 0 - 4,500 sqft 3 1.5 55 1 7 28
$375,000 1,113 - 2 2 65 0 1 63