Oregon’s spring, 2018 weather is warming up buyer activity on Portland homes for sale, with homes selling in an average of 55 days compared to 58 days for the same period in 2017. Property values are still going up, albeit gains have been much more conservative than in recent years. Homes for sale are averaging a 7.6% higher closing price than last year while the median closing price edged up 8.8% when the most recent 12 months are contrasted against the preceding 12 month period. Homes for sale around the Portland metro area have all increased in value, but a few areas stand out with the most notable gains. Mt Hood posted a whopping 14.1% improvement in average closing price closely followed by Gresham/Troutdale at 12.0%. In general, more affordable suburbs experienced a higher growth rate than the more gentrified close-in Portland neighborhoods.

For the moment, Portland homes for sale in the very important starter-house category (the bottom/fourth quartile) are currently selling at a rate very closely matched to the rate at which new listings are coming on the market. Median price for a starter-house in Portland is currently $349,900 which gets you 1400 square feet of living space on a 4.5-6.5k lot with 3bed/2bath that’s 63 years old. New listings are pacing with sold listings almost evenly except for the top of the market, where the median price is $992,000 and you get a 3800 square foot house on an oversized lot with 4bed/3.5baths. Not surprisingly, the most expensive homes on the market are taking about twice as long to sell with sales lagging behind new listings by about one third.

What does this mean for Portland home values?

The quick answer is that we don’t really know and as a Realtor I cannot predict the future. But, we can look to recent years’ statistics to better educate ourselves about what the market has done so you can be free to draw your own conclusions. Based on Market Action (and personal experience), 2016 and 2017 were both big years for Portland homes for sale and based on the latest graphs 2018 looks like a good year, but perhaps not as red-hot as the previous few. In keeping with this trend, inventory is also a bit higher than in the last few years which makes sense when viewed along side the Market Action graph. Hopefully, this means that Portland home values are settling into a more healthy and sustainable pattern of stable, incremental appreciation over time. While the recent improvement of home values in the area may lead some to wonder if we’re headed for another bubble, today’s more measured increases could be a sign that things are normalizing in terms of price and market stability. The area’s national popularity and excellent quality of life mean that Portland homes for sale are still in demand. In summary, Portland homes for sale are still very-much in demand but buyer demand may be attenuating down from the white-hot levels seen in 2016 and 2017.

Portland Homes For Sale: New Home Search Feature

We’re proud to announce our newly improved home search feature. While we’ve added too many new features to mention here, there are a few stellar new additions worth pointing out. Our new image compression algorithm will speed up your load times, especially on mobile devices. We’ve also added a smart search so you can search for popular local areas including colloquial terms such as “Inner SE Portland”, “Foster Powell” or “The Pearl District” among many other locally relevant terms related to all things Portland Homes For Sale. See a property for sale in person??? In that case, you’ll be happy to know that our home search bar also accepts addresses. Even if you’re not sure on the city or zip code, just type in the number, ordinal and street name and we’ll probably be able to find it for you. Want homes from a certain part of town? Just enter a zip code (or three) and start browsing.

Search results are delivered in convenient accordion layout so you can simply click on the information you want while the rest of the details are hidden so as not to clutter the screen. Thanks for using our new Portland Homes For Sale feature and don’t hesitate to call if you’d like to see a home in person.

Search matched a city in Oregon.

Home Search:

Search Filters

Min-Max Price:

Min: Max:

Listing Status:

Active |Pending |Sold

Minimum Bed/Bath, Sq Ft & Lot Size:

Min. Bedrooms: Min. Bathrooms: Min. Square Ft:
Lot Size:

Property Type:

Single Fam. Homes |Townhomes |Condos |Manuf. Homes |FarmFloating Home

Results Per Page:

Sort Results By:
Newest 1st (By List Date) | Price (Low to High) | Price (High to Low)
Search for "Portland Oregon" returned 5820 listings. Showing results 1 to 50.

  $903,000Available  
  4 bed / 3.0 baths | 2,223 sq ft
  $435,000Available  
  4 bed / 3.0 baths | 1,811 sq ft
  $699,000Available  
  2 bed / 1.1 baths | 1,713 sq ft
  $1,199,999Available  
  0 bed / baths | 0 sq ft
  $439,526Available  
  3 bed / 1.1 baths | 960 sq ft
  $524,900Available  
  3 bed / 3.0 baths | 2,009 sq ft
  $819,000Available  
  4 bed / 3.0 baths | 3,016 sq ft
  $474,500Available  
  3 bed / 2.1 baths | 1,419 sq ft
  $769,900Available  
  4 bed / 3.0 baths | 2,640 sq ft
  $449,000Available  
  3 bed / 1.0 baths | 1,093 sq ft
  $1,499,000Available  
  4 bed / 3.1 baths | 2,167 sq ft
  $999,500Available  
  4 bed / 3.0 baths | 1,920 sq ft
  $575,000Available  
  4 bed / 2.0 baths | 1,715 sq ft
  $400,000Available  
  3 bed / 1.0 baths | 1,565 sq ft
  $579,900Available  
  2 bed / 1.1 baths | 1,072 sq ft
  $1,049,000Available  
  4 bed / 3.1 baths | 3,633 sq ft
  $450,000Available  
  4 bed / 2.0 baths | 1,731 sq ft
  $499,900Available  
  3 bed / 2.0 baths | 1,438 sq ft
  $474,900Available  
  2 bed / 1.0 baths | 1,001 sq ft
  $979,900Available  
  5 bed / 4.0 baths | 2,902 sq ft
  $874,950Available  
  4 bed / 3.1 baths | 2,388 sq ft
  $585,000Available  
  0 bed / baths | 0 sq ft
  $675,000Available  
  4 bed / 1.1 baths | 1,838 sq ft
  $1,049,900Available  
  5 bed / 3.1 baths | 4,392 sq ft
  $589,000Available  
  3 bed / 1.1 baths | 1,442 sq ft
  $614,995Available  
  3 bed / 2.1 baths | 1,950 sq ft
  $440,000Available  
  3 bed / 2.0 baths | 2,234 sq ft
  $425,000Available  
  3 bed / 1.0 baths | 1,216 sq ft
  $469,000Available  
  3 bed / 2.1 baths | 1,646 sq ft
  $1,150,000Available  
  2 bed / 2.0 baths | 1,964 sq ft
  $799,000Available  
  3 bed / 2.2 baths | 2,190 sq ft
  $550,000Available  
  4 bed / 2.1 baths | 2,320 sq ft
  $779,000Available  
  3 bed / 2.2 baths | 2,190 sq ft
  $875,000Available  
  2 bed / 2.0 baths | 1,588 sq ft
  $800,000Available  
  4 bed / 1.1 baths | 2,116 sq ft
  $449,950Available  
  3 bed / 3.1 baths | 1,138 sq ft
  $1,285,000Available  
  2 bed / 2.0 baths | 2,183 sq ft
  $1,300,000Available  
  0 bed / baths | 0 sq ft
  $585,000Available  
  3 bed / 1.0 baths | 1,493 sq ft
  $439,900Available  
  3 bed / 2.0 baths | 1,191 sq ft
  $525,000Available  
  4 bed / 3.0 baths | 1,592 sq ft
  $474,500Available  
  4 bed / 2.0 baths | 1,008 sq ft
  $659,995Available  
  3 bed / 2.1 baths | 2,215 sq ft
  $499,997Available  
  3 bed / 2.0 baths | 1,545 sq ft
  $449,900Available  
  3 bed / 2.1 baths | 1,380 sq ft
  $429,000Available  
  3 bed / 2.0 baths | 2,216 sq ft
  $799,950Available  
  4 bed / 3.1 baths | 2,957 sq ft
  $449,900Available  
  2 bed / 1.0 baths | 976 sq ft
  $1,295,000Available  
  5 bed / 3.0 baths | 3,975 sq ft
  $699,900Available  
  4 bed / 3.0 baths | 1,691 sq ft



This content last updated on 03/23/2019, 15:13 (3:13 PM) PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Realty Co® are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon.


Portland Homes For Sale: April 2018 Report