Fidelity's Market Report

Portland, OR 97229

Single-Family Homes

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


Portland, OR 97229

Mon Oct 06 2025
This week the median list price for Portland, OR 97229 is $899,450 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 258. 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 97229

Mon Oct 06 2025
This week the median list price for Portland, OR 97229 is $899,450 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 258. 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 $899,450
Median Price of New Listings $969,500
Per Square Foot $305
Average Days on Market 109
Median Days on Market 84
Price Decreased 48%
Price Increased 2%
Relisted 5%
Inventory 258
Median Rent
Market Action 33
Slight Seller's Advantage

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
$1,410,000 4,668 0.25 - 0.5 acre 5 4 20 3 7 91
$982,450 3,326 6,500 - 8,000 sqft 4 3.5 18 1 5 115
$845,000 2,752 4,500 - 6,500 sqft 4 2.5 22 2 6 77
$674,499 2,034 0 - 4,500 sqft 4 2.5 23 2 10 63