Area 2, OR Housing Market

The Area 2 housing market is very competitive. The median sale price of a home in Area 2 was $413K last month, down 14.3% since last year. The median sale price per square foot in Area 2 is $371, up 14.2% since last year.

Trends
Demand
Market Insights
Schools
Climate

Area 2 Housing Market Trends

What is the housing market like in Area 2 today?

$413K

Sale Price

-14.3%
since last year

$371

Sale $/Sq. Ft.

+14.2%
since last year

Over List Price

Days on Market

Down Payment

20.0%

Total Homes Sold

To compare other locations to the Area 2 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tigard add value to a home.

Work with the best agents in Area 2

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 Area 2 housing market?

Area 2 is very competitive. Homes sell in 13 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 13 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.

Compare With Nearby Neighborhoods

Southwest Portland

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

Perdido Key

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 116 days.
Hot homes
can sell for around list price and go pending in around 38 days.

See more nearby cities and neighborhoods

Home offer insights for Area 2

Explore recent offers and recently sold homes in Area 2

Recent offers

Offer Not Accepted|
7 Weeks Ago
~$475K Offer
Sold for $550K
2 bd | 2 ba | ~1,250 sqft
Over List Price
0%
Days on Market
3
Competing Offers
3
Down Payment
~20%
Justin Bradley
Area 2 Redfin Agent

View houses in Area 2 that sold recently

Recently sold homes

SOLD NOV 27, 2024
$290,000 Last Sold Price
2 beds
2 baths
998 sq ft
11299 SW Springwood Dr, Portland, OR 97223
Kimberly Bilben • RE/MAX Equity Group
List Price
$290,000
Sale to List
0% over list
Days on Market
64 days
11299 SW Springwood Dr, Portland, OR 97223
SOLD NOV 26, 2024
$590,000 Last Sold Price
3 beds
2 baths
1,403 sq ft
11351 SW Ironwood Loop, Tigard, OR 97223
Anne Stewart • eXp Realty, LLC
List Price
$599,900
Sale to List
2% under list
Days on Market
47 days
11351 SW Ironwood Loop, Tigard, OR 97223
SOLD NOV 20, 2024
$202,500
—beds
—baths
—sq ft
11377 SW Springwood Dr #34, Tigard, OR 97223
List Price
—
Sale to List
—
Days on Market
—
11377 SW Springwood Dr #34, Tigard, OR 97223
SOLD NOV 20, 2024
$202,500 Last Sold Price
2 beds
1 bath
891 sq ft
11377 SW Springwood Dr #34, Portland, OR 97223
Jeffrey Hartley • Peak Realty
List Price
$209,000
Sale to List
3% under list
Days on Market
125 days
11377 SW Springwood Dr #34, Portland, OR 97223
SOLD NOV 18, 2024
$290,000 Last Sold Price
2 beds
1 bath
832 sq ft
10855 SW 121st Ave, Tigard, OR 97223
Kerri Miller • Windermere Realty Trust
List Price
$285,000
Sale to List
2% over list
Days on Market
39 days
10855 SW 121st Ave, Tigard, OR 97223
SOLD NOV 15, 2024
VIDEO TOUR
$560,000 Last Sold Price
3 beds
1.5 baths
1,314 sq ft
11155 SW 119th Ave, Portland, OR 97223
Darryl Bodle • Keller Williams Realty Portland Premiere
List Price
$569,900
Sale to List
2% under list
Days on Market
35 days
11155 SW 119th Ave, Portland, OR 97223
SOLD NOV 15, 2024
$535,000 Last Sold Price
2 beds
2 baths
1,357 sq ft
12492 SW Edgewater Ct, Tigard, OR 97223
Jordan McAllister • MORE Realty
List Price
$475,000
Sale to List
13% over list
Days on Market
28 days
12492 SW Edgewater Ct, Tigard, OR 97223
SOLD OCT 31, 2024
$615,000 Last Sold Price
2 beds
3 baths
2,016 sq ft
12220 SW Summer St, Portland, OR 97223
Donna Schroder • Next Door Properties, LLC
List Price
$589,500
Sale to List
4% over list
Days on Market
30 days
12220 SW Summer St, Portland, OR 97223
See all recently sold homes in Area 2.
See listings

Schools in Area 2

Learn about schools in the Area 2 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Area 2 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Area 2.

Wind Factor - Severe

100% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Extreme

95% of properties are at extreme risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Area 2

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