Area 1, OR Housing Market

Homes for sale | City guide

The Area 1 housing market is very competitive. The median sale price of a home in Area 1 was $514K last month, down 12.9% since last year. The median sale price per square foot in Area 1 is $340, up 6.1% since last year.

Trends
Demand
Market Insights
Schools
Climate

Area 1 Housing Market Trends

What is the housing market like in Area 1 today?

$514K

Sale Price

-12.9%
since last year

$340

Sale $/Sq. Ft.

+6.1%
since last year

Over List Price

Days on Market

Down Payment

26.6%

Total Homes Sold

To compare other locations to the Area 1 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 1

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How hot is the Area 1 housing market?

Area 1 is very competitive. Homes sell in 15 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 15 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

Compare With Nearby Neighborhoods

Perdido Key

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 112 days.
Hot homes
can sell for about 1% below list price and go pending in around 41 days.

See more nearby cities and neighborhoods

Home offer insights for Area 1

Explore recent offers and recently sold homes in Area 1

Recent offers

Offer Not Accepted|
6 Weeks Ago
~$550K Offer
Sold for $550K
3 bd | 2.5 ba | ~1,750 sqft
Over List Price
5%
Days on Market
2
Competing Offers
5
Down Payment
~40%
Jon Mayhew
Area 1 Redfin Agent

View houses in Area 1 that sold recently

Recently sold homes

SOLD JUL 10, 2025
$535,000 Last Sold Price
3 beds
3 baths
1,481 sq ft
13125 SW Falcon Rise Dr, Tigard, OR 97223
Isha Budhiraja • Keller Williams Sunset Corridor
List Price
$549,000
Sale to List
3% under list
Days on Market
49 days
13125 SW Falcon Rise Dr, Tigard, OR 97223
SOLD JUN 27, 2025
$573,000 Last Sold Price
3 beds
2.5 baths
1,709 sq ft
12264 SW Morning Hill Dr, Portland, OR 97223
C. Morgan Davis • Keller Williams PDX Central
List Price
$525,000
Sale to List
9% over list
Days on Market
30 days
12264 SW Morning Hill Dr, Portland, OR 97223
SOLD JUN 13, 2025
$585,000 Last Sold Price
3 beds
2.5 baths
1,632 sq ft
11690 SW Tallwood Dr, Tigard, OR 97223
Shane Schuster • eXp Realty LLC
List Price
$599,000
Sale to List
2% under list
Days on Market
92 days
11690 SW Tallwood Dr, Tigard, OR 97223
SOLD JUN 10, 2025
VIDEO TOUR
$393,500 Last Sold Price
2 beds
2 baths
1,338 sq ft
13490 SW Summerwood Dr, Tigard, OR 97223
Andy Wilcox • Matin Real Estate
List Price
$399,900
Sale to List
2% under list
Days on Market
89 days
13490 SW Summerwood Dr, Tigard, OR 97223
SOLD JUN 6, 2025
$455,000 Last Sold Price
3 beds
2 baths
1,280 sq ft
11836 SW Morning Hill Dr, Portland, OR 97223
Sandra Williams • RE/MAX Equity Group
List Price
$449,000
Sale to List
1% over list
Days on Market
44 days
11836 SW Morning Hill Dr, Portland, OR 97223
SOLD BY REDFIN JUN 6, 2025
3D WALKTHROUGH
$601,000 Last Sold Price
4 beds
3 baths
1,736 sq ft
12196 SW Westbury Ter, Portland, OR 97223
Redfin
List Price
$599,900
Sale to List
0% over list
Days on Market
42 days
12196 SW Westbury Ter, Portland, OR 97223
SOLD JUN 2, 2025
3D WALKTHROUGH
$432,500 Last Sold Price
3 beds
2.5 baths
1,506 sq ft
11480 SW Lomax Ter, Portland, OR 97223
Christina Day • Berkshire Hathaway HomeServices NW Real Estate
List Price
$445,000
Sale to List
3% under list
Days on Market
59 days
11480 SW Lomax Ter, Portland, OR 97223
Local rules require you to be signed in to see more photos.
Sign in for price Last Sold Price
2 beds
2 baths
984 sq ft
11560 SW 133rd Pl, Portland, OR 97223
Redfin
List Price
—
Sale to List
—
Days on Market
—
11560 SW 133rd Pl, Portland, OR 97223
See all recently sold homes in Area 1.
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Schools in Area 1

Learn about schools in the Area 1 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 1 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Area 1.

Wind Factor - Severe

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

Heat Factor - Extreme

54% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Area 1

New Listings in Area 1

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