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 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)
Showing results 1 to 50 of 2206 results.
  $649,000Available  
  4 bed / 1.2 baths | 1,650 sq ft
  $609,000Available  
  2 bed / 2.1 baths | 1,343 sq ft
  $1,390,000Available  
  5 bed / 3.1 baths | 3,673 sq ft
  $759,999Available  
  4 bed / 3.1 baths | 1,760 sq ft
  $679,990Available  
  4 bed / 2.1 baths | 3,150 sq ft
  $419,900Available  
  2 bed / 1.0 baths | 1,280 sq ft
  $415,000Available  
  4 bed / 2.1 baths | 2,070 sq ft
  $459,000Available  
  1 bed / 1.0 baths | 999 sq ft
  $799,000Available  
  3 bed / 2.0 baths | 1,849 sq ft
  $1,150,000Available  
  3 bed / 2.0 baths | 2,413 sq ft
  $499,900Available  
  1 bed / 1.0 baths | 947 sq ft
  $424,900Available  
  0 bed / baths | 0 sq ft
  $494,500Available  
  4 bed / 2.0 baths | 1,426 sq ft
  $415,000Available  
  2 bed / 2.0 baths | 1,244 sq ft
  $499,900Available  
  1 bed / 1.0 baths | 802 sq ft
  $744,900Available  
  4 bed / 3.1 baths | 0 sq ft
  $469,900Available  
  2 bed / 1.0 baths | 1,562 sq ft
  $725,000Available  
  3 bed / 2.0 baths | 1,914 sq ft
  $585,000Available  
  3 bed / 2.1 baths | 2,193 sq ft
  $529,000Available  
  3 bed / 2.1 baths | 1,694 sq ft
  $470,000Available  
  2 bed / 1.0 baths | 704 sq ft
  $599,000Available  
  3 bed / 2.0 baths | 1,921 sq ft
  $499,900Available  
  3 bed / 2.1 baths | 1,988 sq ft
  $1,195,000Available  
  4 bed / 3.0 baths | 2,727 sq ft
  $599,000Available  
  4 bed / 2.1 baths | 2,256 sq ft
  $584,900Available  
  4 bed / 2.0 baths | 1,354 sq ft
  $419,900Available  
  0 bed / baths | 0 sq ft
  $464,900Available  
  2 bed / 2.0 baths | 803 sq ft
  $420,000Available  
  2 bed / 1.0 baths | 1,000 sq ft
  $1,680,000Available  
  5 bed / 4.0 baths | 3,372 sq ft
  $420,000Available  
  1 bed / 1.1 baths | 1,380 sq ft
  $499,000Available  
  3 bed / 1.0 baths | 1,265 sq ft
  $619,000Available  
  3 bed / 3.0 baths | 1,250 sq ft
  $744,900Available  
  4 bed / 3.1 baths | 2,908 sq ft
  $1,249,000Available  
  5 bed / 4.1 baths | 3,795 sq ft
  $400,000Available  
  3 bed / 1.1 baths | 1,384 sq ft
  $459,900Available  
  3 bed / 2.0 baths | 1,296 sq ft
  $780,000Available  
  0 bed / baths | 0 sq ft
  $524,950Available  
  4 bed / 3.1 baths | 1,757 sq ft
  $499,000Available  
  4 bed / 2.1 baths | 2,070 sq ft
  $490,000Available  
  4 bed / 2.0 baths | 1,868 sq ft
  $795,000Available  
  5 bed / 4.0 baths | 2,918 sq ft
  $445,000Available  
  4 bed / 2.0 baths | 993 sq ft
  $950,000Available  
  3 bed / 3.1 baths | 2,186 sq ft
  $1,225,000Available  
  3 bed / 3.0 baths | 2,502 sq ft
  $475,000Available  
  4 bed / 3.0 baths | 1,604 sq ft
  $780,000Available  
  5 bed / 4.2 baths | 2,948 sq ft
  $1,050,000Available  
  3 bed / 3.1 baths | 3,061 sq ft
  $750,000Available  
  3 bed / 2.1 baths | 2,126 sq ft
  $412,500Available  
  1 bed / 1.0 baths | 854 sq ft



This content last updated on 09/15/2019, 07:19 (7:19 AM) 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