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Portland Market Report

$743,552

AVERAGE PRICE OF 2,615 HOMES

$357,278

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,882,593

AVERAGE PRICE OF 438 MULTI-MILLION DOLLAR HOMES

$1,120,404

AVERAGE PRICE OF 385 NEWLY BUILT HOMES

$1,564,430

AVERAGE PRICE OF 93 HOMES WITH A POOL

$568,848

AVERAGE PRICE OF 90 REDUCED PRICE HOMES

Average Home

Average Price $743,552
Avg Bedrooms 2.48 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $480,692
2 bedrooms $547,274
3 bedrooms $604,684
4 bedrooms $888,106
5 bedrooms $1,124,867
Portland Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 2,558 2,990 3,538 3,833 3,875
Average Price $736,441 $722,039 $715,887 $717,996 $712,647
Avg Price Change +1.99% +0.86% -0.29% +0.75% -0.66%
Median Price $537,550 $537,163 $544,643 $549,695 $549,521
Med Price Change +0.07% -1.39% -0.93% +0.03% -0.50%
Avg Bedrooms 2.5 beds 2.53 beds 2.59 beds 2.62 beds 2.62 beds
Avg Bathrooms 1.94 baths 1.94 baths 1.96 baths 1.98 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cleveland 198 $695,867 77 days
David Douglas 212 $511,260 83 days
Ida B Wells 221 $683,437 83 days
Jefferson 223 $648,111 79 days
Lincoln 468 $972,074 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,615 $743,552 88 days
Distressed Homes 8 $357,278 110 days
Multi-Million Dollar Homes 438 $1,882,593 115 days
Newly Built Homes 385 $1,120,404 106 days
Homes with a Pool 93 $1,564,430 82 days
Reduced Price Homes 90 $568,848 79 days
Keller Williams Realty Portland Central
919 NE 19th Ave, Suite 100
Portland, OR 97232
503-548-4848

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 2/2/2023 12:14 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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