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Single-Family Homes Portland, OR 97230

Your Local Market Report

This week the median list price for Portland, OR 97230 is $477,500 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 40. Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory.

Real-Time Market Profile

Median List Price

$477,500 $500,000

Median Price of New Listings

Per Square Foot Average Days on Market Median Days on Market Price Decreased

$288

129

50

Buyer's Market

Seller's Market

81

50%

Price Increased

5%

48 Strong Seller's Market

Relisted

10%

Inventory

40

Market Narrative Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Median Rent

$2,795

48

Market Action

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds Bath Age New Absorbed DOM

$609,999

2,546 8,000 - 10,000 sqft

3

2.5 43 2

1

42

$500,000

1,853 0.25 - 0.5 acre

3

2

48 3

0

94

$452,700

1,487 4,500 - 6,500 sqft

2

2

39 1

0

84

$384,950

1,235 6,500 - 8,000 sqft

2

1

71 1

2

80

Thu Mar 27 2025 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2025 Altos Research, Inc.

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