Chicago Title's Current Market Report

Portland, OR 97230

Single-Family Homes

Chicago Title Company of Oregon



Portland, OR 97230

Thu Jun 08 2023
This week the median list price for Portland, OR 97230 is $494,000 with the market action index hovering around 66. This is an increase over last month's market action index of 61. Inventory has decreased to 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Portland, OR 97230

Thu Jun 08 2023
This week the median list price for Portland, OR 97230 is $494,000 with the market action index hovering around 66. This is an increase over last month's market action index of 61. Inventory has decreased to 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $494,000
Median Price of New Listings $422,450
Per Square Foot $259
Average Days on Market 72
Median Days on Market 42
Price Decreased 31%
Price Increased 3%
Relisted 6%
Inventory 32
Median Rent
Market Action 66
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$677,000 3,157 0.25 - 0.5 acre 4 2.5 51 0 0 56
$549,950 2,524 8,000 - 10,000 sqft 3 2.8 63 0 3 38
$462,475 1,596 6,500 - 8,000 sqft 3 2 62 2 3 24
$380,000 1,121 6,500 - 8,000 sqft 2 1.5 64 2 2 66