The Portland housing market is somewhat competitive. The median sale price of a home in Portland was $329K last month, up 12.5% since last year. The median sale price per square foot in Portland is $218, down 1.4% since last year.
What is the housing market like in Portland today?
In October 2024, Portland home prices were up 12.5% compared to last year, selling for a median price of $329K. On average, homes in Portland sell after 66 days on the market compared to 43 days last year. There were 17 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$329,000
+12.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Portland, TN
$329,000
+12.5%
United States
To compare other locations to the Portland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Portland's median sale price is 21% lower than the national average. Overall cost of living in Portland is 9% lower than the national average. Learn which home features in Portland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Portland
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Portland housing market?
Portland is somewhat competitive. Homes sell in 72 days.
0
100
39
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 72 days.
Hot homes
can sell for around list price and go pending in around 42 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Portland.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Portland has a minor risk of flooding. 599 properties in Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Portland. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
Portland has a moderate risk of wildfire. There are 4,491 properties in Portland that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in Portland.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Portland has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Portland is most at risk from hurricanes. 5,634 properties in Portland have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.