Chicago Title's Current Market Report

Portland, OR 97230

Single-Family Homes

Chicago Title Company of Oregon



Portland, OR 97230

Mon Dec 11 2023
This week the median list price for Portland, OR 97230 is $475,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 49. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Portland, OR 97230

Mon Dec 11 2023
This week the median list price for Portland, OR 97230 is $475,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 49. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $475,000
Median Price of New Listings $437,500
Per Square Foot $278
Average Days on Market 63
Median Days on Market 35
Price Decreased 47%
Price Increased 6%
Relisted 4%
Inventory 49
Median Rent
Market Action 49
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
$638,000 2,513 0.25 - 0.5 acre 3 2.5 45 1 2 35
$500,000 1,796 6,500 - 8,000 sqft 3 2 57 0 1 70
$450,000 1,558 8,000 - 10,000 sqft 3 2 56 2 5 35
$369,900 1,077 6,500 - 8,000 sqft 2 1 59 1 3 35