Portland, OR Real Estate Market Trends & Home Values

Portland, OR Market Overview

Real estate market trends reflect that there have been 18596 transactions over the past year in Portland. The median value for residential home transactions that occurred over the previous year is $595,837. The number of current listings in Portland is 751, and the percentage of properties for sale in the city is 84.6%. Portland, OR currently has 137 properties in foreclosure, 1 bank owned properties, 118 properties headed for auction, and 751 properties for sale.

Active Residential Inventory

888

Total Inventory

Recently Sold Properties

10,990

Total Sales (Last 6 Months)

Foreclosures ( 137 )

15.4%

Pre-foreclosures ( 18 )

2.0%

Bank Owned ( 1 )

0.1%

Auctions ( 118 )

13.3%

For Sale ( 751 )

84.6%

Portland, OR Home Values

$595,837

Portland home values range from $22,438 to $17,231,592. The median estimated value of a home in Portland is $595,837. The median list price of a home is $529,633, and the total count of properties in the city is 243,786.

Portland, OR Real Estate Market Overview

Portland, OR Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
97211	$624,400 $443.00/sqft
97223	$546,412 $393.00/sqft
97219	$546,045 $430.00/sqft
97217	$530,432 $328.00/sqft
97230	$476,775 $283.00/sqft
97206	$452,692 $389.00/sqft
97220	$441,047 $352.50/sqft
97233	$433,330 $288.50/sqft
97266	$396,997 $278.00/sqft
97236	$389,015 $314.00/sqft

There are 30 zip codes within Portland, OR; within these zip codes, the median estimated home value for homes in foreclosure ranges from $2,089,998 in 97229 to the lowest value of $154,390 in 97218. Foreclosure homes account for 0.06% of properties in Portland, OR with 97206 containing 14 foreclosures, the highest number of foreclosure properties in a single zip code.