The Pearl District housing market is somewhat competitive. The median sale price of a home in Pearl District was $420K last month, down 15.8% since last year. The median sale price per square foot in Pearl District is $449, up 2.7% since last year.
What is the housing market like in Pearl District today?
In April 2024, Pearl District home prices were down 15.8% compared to last year, selling for a median price of $420K. On average, homes in Pearl District sell after 77 days on the market compared to 103 days last year. There were 47 homes sold in April this year, up from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$420,000
-15.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Pearl District, OR
$420,000
-15.8%
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 somewhat competitive. Homes sell in 48 days.
0
100
37
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 3% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 15 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.
Risk Factor
Flood Factor - Moderate
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pearl District has a moderate risk of flooding. 67 properties in Pearl District are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Pearl District. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Pearl District has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pearl District is most at risk from hurricanes. 1,030 properties in Pearl District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 56 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 56 mph.