The story of this market
The typical home in Portland, Oregon sells for about $640,000, or $307 per square foot.
Prices are down 6% from a year ago, which gives buyers more room to negotiate. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,655 a month.
Monthly price momentum
Home values since 2015
+0.3%
OR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Portland, Oregon
The Portland housing market is currently experiencing a period of stabilization with balanced inventory levels and a slight year-over-year decline in median prices. Market activity remains moderate, with homes spending significant time on the market as buyers and sellers adjust to current interest rate environments. Data gaps exist regarding specific school district ratings and detailed tax structures at the city level.
No ARED county foreclosure postings attributed to Portland yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 21.9% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Deterministic aggregate of 26 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.8% year over year.
Homes spend a median of 47 days on market with 0.0 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 53.45% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 12.7% — a stable, low-distress profile.
- Hopscotch Portland4.81.1 mi
- Oaks Amusement Park4.43.1 mi
- Langer's Entertainment Center4.413 mi
- Bullwinkle's4.414.8 mi
- Sky Zone Trampoline Park3.86.2 mi
- Moda Center4.51.3 mi
- Providence Park4.60.8 mi
- Oregon Convention Center4.51.2 mi
- Revolution Hall4.61.3 mi
- Portland Art Museum4.60.2 mi
- Powell's City of Books4.90.6 mi
- Oregon Zoo4.51.8 mi
- Portland Japanese Garden4.61.5 mi
- The Grotto4.75.7 mi
- Providence Park4.60.8 mi
- Portland Japanese Garden4.61.5 mi
- OMSI4.50.8 mi
- The Grotto4.75.7 mi
- Vista House at Crown Point4.821.1 mi
- Hopscotch Portland4.81.1 mi
- Portland Japanese Garden4.61.5 mi
- The Grotto4.75.7 mi
- International Rose Test Garden4.81.3 mi
- Laurelhurst Park4.72.5 mi
- Mt. Tabor Park4.84 mi
- Portland Yacht Club4.76.1 mi
- Riverplace Marina4.60.5 mi
- Fred's Marina4.49.4 mi
- Tomahawk Bay Marina4.36.3 mi
- Tidewater Cove Marina4.57.4 mi
- Topgolf Hillsboro4.512.3 mi
- RedTail Golf Center46.1 mi
- Heron Lakes Golf Course4.16.3 mi
- Glendoveer Golf & Tennis4.47.8 mi
- Eastmoreland Golf Course4.33.4 mi
- Washington Square4.46.7 mi
- Clackamas Town Center4.37.5 mi
- Vancouver Mall4.210.8 mi
- Uwajimaya Beaverton4.75.5 mi
- Bridgeport Village4.49 mi
- Portland International Airport4.56.4 mi
- Providence Saint Vincent Hospital Heliport4.64.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A significant urban wildlife refuge providing habitat and recreational trails along the Willamette River.
A major city park housing the Oregon Zoo, Portland Japanese Garden, and International Rose Test Garden.
One of the largest urban forests in the United States, offering extensive hiking and nature trails.
The oldest art museum on the West Coast, serving as a cultural anchor for the city.
A world-renowned independent bookstore that serves as a major tourist attraction and cultural landmark.
Portland is served by an extensive public transit network including the MAX Light Rail, streetcars, and bus lines, facilitating commute access to the central business district.
The Portland economy is anchored by a mix of athletic apparel, technology, and manufacturing, with major employers including Nike and Intel in the surrounding region.
Development activity is focused on urban infill projects and transit-oriented development along major corridors like Division Street and the Broadway Corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oregon) — Active-Duty Military Property Tax Exemption: Allows for the exemption of a portion of the assessed value of a primary residence from local property taxes for a period of three to five years in standard zones, or up to 15 years in rural zones. State (Oregon) — Disabled Veteran or Surviving Spouse Property Tax Exemption: Provides a reduction in the assessed value of the primary residence, effectively lowering the property tax burden based on the exemption amount set by statute. State (Oregon) — Ad Valorem Property Tax: Tax is calculated on the lesser of Real Market Value (RMV) or Maximum Assessed Value (MAV). MAV is limited to a 3% annual growth rate unless physical changes occur to the property. The tax is the product of the taxable assessed value and the local taxing district's millage rate.
Data retrieved from data.census.gov and Data USA profiles.