The Portland housing market is very competitive. Homes in Portland receive 3 offers on average and sell in around 16 days. The median sale price of a home in Portland was $555K last month, up 5.8% since last year. The median sale price per square foot in Portland is $318, down 0.63% since last year.
What is the housing market like in Portland today?
In June 2025, Portland home prices were up 5.8% compared to last year, selling for a median price of $555K. On average, homes in Portland sell after 16 days on the market compared to 13 days last year. There were 723 homes sold in June this year, down from 731 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,250
+5.8% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Portland, OR
$555,250
+5.8%
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 22% higher than the national average. Overall cost of living in Portland is 17% higher 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.
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How hot is the Portland housing market?
Portland is very competitive. Homes sell in 15 days.
0
100
79
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 15 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 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.
Home offer insights for Portland
Explore recent offers and recently sold homes in Portland
Recent offers
Winning Offer|
5 Weeks Ago
~$700K Offer
3bd | 2ba | ~2,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
0
Down Payment
<10%
Julian Soler
Portland Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$300K Offer
Sold for $325K
2bd | 1ba | ~1,500sqft
Over List Price
2%
Days on Market
5
Competing Offers
4
Down Payment
<10%
Julian Soler
Portland Redfin Agent
Offer was beat on price by two other offers one of which had a shortened inspection contingency and waived the lead paint review period.…
More
Offer Not Accepted|
3 Weeks Ago
~$550K Offer
Sold for $550K
3bd | 2.5ba | ~1,750sqft
Under List Price
4%
Days on Market
89
Competing Offers
1
Down Payment
~20%
Liz Ellis
Portland Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$125K Offer
Sold for $200K
2bd | 1ba | ~1,250sqft
Over List Price
10%
Days on Market
21
Competing Offers
—
Down Payment
—
Aaron Rader
Portland Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$275K Offer
Sold for $325K
2bd | 1ba | ~1,500sqft
Under List Price
9%
Days on Market
5
Competing Offers
4
Down Payment
~20%
Julian Soler
Portland Redfin Agent
Offer was beat on price by two other offers one of which had a shortened inspection contingency and waived the lead paint review period.…
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 - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Portland has a moderate risk of flooding. 18,737 properties in Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Portland. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Portland has a moderate risk of wildfire. There are 44,116 properties in Portland that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Portland.