The Southwest Portland housing market is somewhat competitive. Homes in Southwest Portland receive 3 offers on average and sell in around 50 days. The median sale price of a home in Southwest Portland was $641K last month, up 2.5% since last year. The median sale price per square foot in Southwest Portland is $333, up 1.5% since last year.
What is the housing market like in Southwest Portland today?
In March 2024, Southwest Portland home prices were up 2.5% compared to last year, selling for a median price of $641K. On average, homes in Southwest Portland sell after 50 days on the market compared to 39 days last year. There were 164 homes sold in March this year, down from 191 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$640,750
+2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Portland, OR
$640,750
+2.5%
United States
To compare other locations to the Southwest Portland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portland add value to a home.
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How hot is the Southwest Portland housing market?
Southwest Portland is somewhat competitive. Homes sell in 30 days.
0
100
59
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 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
Learn about schools in the Southwest Portland area
Elementary
Middle
High
GreatSchools Rating
10/10
Stephenson Elementary School
Public • K-5
347
Students
8 reviews
10/10
Bridlemile Elementary School
Public • K-5
518
Students
9 reviews
10/10
Rieke Elementary School
Public • K-5
379
Students
23 reviews
9/10
Maplewood Elementary School
Public • K-5
383
Students
15 reviews
9/10
Ainsworth Elementary School
Public • K-5
625
Students
13 reviews
Only showing 5 of
10 elementary schools.
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 Southwest Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Portland.
Risk Factor
Flood Factor - Severe
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Portland has a severe risk of flooding. 2,832 properties in Southwest Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Southwest Portland. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Portland has a moderate risk of wildfire. There are 8,265 properties in Southwest Portland that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Southwest Portland.
Southwest Portland has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Portland has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
63% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Southwest Portland has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 63% of homes in Southwest Portland have a Minor Heat Factor®.
Southwest Portland is expected to see a 114% increase in the number of days over 91ºF over the next 30 years. Southwest Portland is expected to experience 8