The Pearl District housing market is not very competitive. The median sale price of a home in Pearl District was $500K last month, down 9.1% since last year. The median sale price per square foot in Pearl District is $447, down 2.4% since last year.
What is the housing market like in Pearl District today?
In October 2024, Pearl District home prices were down 9.1% compared to last year, selling for a median price of $500K. On average, homes in Pearl District sell after 94 days on the market compared to 66 days last year. There were 38 homes sold in October this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,975
-9.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Pearl District, OR
$499,975
-9.1%
United States
To compare other locations to the Pearl District 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 Pearl District housing market?
Pearl District is not very competitive. Homes sell in 110.5 days.
0
100
16
Not 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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 111 days.
Hot homes
can sell for about 1% below list price and go pending in around 63 days.
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 Pearl District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pearl District.
Flood Factor - Moderate
89% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pearl District has a moderate risk of flooding. 3,305 properties in Pearl District are likely to be
severely affected
by flooding over the next 30 years. This represents 89% of all properties in Pearl District. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pearl District has a moderate risk of wildfire. There are 2,597 properties in Pearl District that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Pearl District.
Pearl District has minimal risk of severe winds over the next 30 years
Wind Factor
Pearl District has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.