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)
333 NW 9TH AVE 712 Portland, OR 97209
  $650,000Available  
  1 bed / 2.0 baths | 1,401 sq ft
18875 NW AURORA PL  Portland, OR 97229
  $799,900Available  
  4 bed / 3.1 baths | 2,387 sq ft
1926 W BURNSIDE ST 1602 Portland, OR 97209
  $979,000Available  
  2 bed / 2.0 baths | 1,643 sq ft
14057 SE SEGWAY DR  Portland, OR 97236
  $429,900Available  
  4 bed / 3.0 baths | 2,012 sq ft
151 NE IVY ST  Portland, OR 97212
  $834,900Available  
  4 bed / 3.1 baths | 2,121 sq ft
4322 NE MALLORY AVE  Portland, OR 97211
  $439,000Available  
  4 bed / 1.0 baths | 1,496 sq ft
2221 SW 1ST AVE 522 Portland, OR 97201
  $418,000Available  
  2 bed / 2.0 baths | 1,593 sq ft
9929 NW CORNELIUS PASS RD  Portland, OR 97231
  $750,000Available  
  0 bed / baths | 0 sq ft
2309 SW 1ST AVE 2244 Portland, OR 97201
  $875,000Available  
  3 bed / 2.0 baths | 2,661 sq ft
10481 SW 63 RD DR  Portland, OR 97219
  $485,000Available  
  4 bed / 2.0 baths | 1,050 sq ft
4187 SW GREENLEAF DR  Portland, OR 97221
  $915,000Available  
  4 bed / 4.0 baths | 2,046 sq ft
1075 NW NORTHRUP ST 320 Portland, OR 97209
  $847,500Available  
  2 bed / 2.0 baths | 1,122 sq ft
2619 N TERRY ST  Portland, OR 97217
  $450,000Available  
  3 bed / 2.0 baths | 1,390 sq ft
10350 SW WASHINGTON ST  Portland, OR 97225
  $585,000Available  
  5 bed / 3.0 baths | 1,700 sq ft
12760 NW LILYWOOD DR  Portland, OR 97229
  $799,900Available  
  4 bed / 2.1 baths | 3,511 sq ft
712 NE 43RD AVE  Portland, OR 97213
  $1,125,000Available  
  6 bed / 3.1 baths | 2,351 sq ft
16904 SE JOHNSTON DR  Portland, OR 97236
  $550,000Available  
  3 bed / 2.1 baths | 2,653 sq ft
5631 SE BELMONT ST  Portland, OR 97215
  $2,490,000Available  
  6 bed / 5.2 baths | 3,769 sq ft
5228 N HAIGHT AVE  Portland, OR 97217
  $569,000Available  
  3 bed / 2.0 baths | 1,536 sq ft
4210 SE BYBEE BLVD  Portland, OR 97206
  $550,000Available  
  3 bed / 2.0 baths | 1,028 sq ft
6735 SE HOLGATE BLVD  Portland, OR 97206
  $519,900Available  
  3 bed / 2.1 baths | 2,070 sq ft
819 NE 111TH AVE  Portland, OR 97220
  $650,000Available  
  3 bed / 2.0 baths | 1,414 sq ft
215 SE GILHAM AVE  Portland, OR 97215
  $669,900Available  
  3 bed / 2.1 baths | 1,471 sq ft
2620 SW 64TH PL  Portland, OR 97225
  $995,000Available  
  5 bed / 4.1 baths | 3,170 sq ft
9226 N SYRACUSE ST  Portland, OR 97203
  $589,500Available  
  3 bed / 2.1 baths | 2,120 sq ft
7835 SW 11TH AVE  Portland, OR 97219
  $697,000Available  
  4 bed / 3.0 baths | 1,996 sq ft
6414 N VANCOUVER AVE  Portland, OR 97217
  $450,000Available  
  3 bed / 2.0 baths | 1,552 sq ft
3983 NE 41ST AVE  Portland, OR 97212
  $949,900Available  
  4 bed / 3.0 baths | 1,914 sq ft
1030 SE 60TH AVE  Portland, OR 97215
  $714,950Available  
  5 bed / 3.1 baths | 1,760 sq ft
131 NE COOK ST  Portland, OR 97212
  $674,900Available  
  3 bed / 3.1 baths | 1,690 sq ft
7616 SE 28TH AVE  Portland, OR 97202
  $1,799,900Available  
  4 bed / 3.1 baths | 3,519 sq ft
2161 SW LAUREL ST  Portland, OR 97201
  $1,950,000Available  
  5 bed / 4.1 baths | 3,693 sq ft
101 SE 55TH AVE  Portland, OR 97215
  $530,000Available  
  3 bed / 2.0 baths | 1,262 sq ft
5317 NE 18th   Portland, OR 97217
  $829,900Available  
  5 bed / 3.1 baths | 2,035 sq ft
2917 NE 53RD AVE  Portland, OR 97213
  $575,000Available  
  3 bed / 2.0 baths | 1,745 sq ft
11489 NW PAULSON LN  Portland, OR 97229
  $619,900Available  
  4 bed / 3.0 baths | 2,714 sq ft
3362 SW FAIRMOUNT BLVD  Portland, OR 97239
  $1,350,000Available  
  3 bed / 3.0 baths | 1,232 sq ft
1122 NW SUMMIT AVE  Portland, OR 97210
  $1,750,000Available  
  3 bed / 3.2 baths | 2,587 sq ft
1255 NW 9TH AVE 709 Portland, OR 97209
  $645,000Available  
  2 bed / 2.0 baths | 1,267 sq ft
712 SE 7TH AVE  Portland, OR 97214
  $3,950,000Available  
  0 bed / baths | 0 sq ft
905 N HARBOUR DR 8 Portland, OR 97217
  $525,000Available  
  4 bed / 4.0 baths | 2,563 sq ft
11604 SW 35TH AVE  Portland, OR 97219
  $599,900Available  
  7 bed / 4.1 baths | 2,418 sq ft
3237 NE 57TH AVE  Portland, OR 97213
  $425,000Available  
  2 bed / 2.0 baths | 1,116 sq ft
5712 NW LARK MEADOW TER  Portland, OR 97229
  $535,000Available  
  4 bed / 2.1 baths | 2,414 sq ft
1318 SE CENTER ST  Portland, OR 97202
  $539,900Available  
  3 bed / 1.0 baths | 1,208 sq ft
1860 SW GLENVIEW AVE  Portland, OR 97225
  $519,000Available  
  4 bed / 2.0 baths | 1,758 sq ft
 Germantown RD  Portland, OR 97229
  $775,000Available  
  0 bed / baths | 0 sq ft
3620 SE FRANCIS ST  Portland, OR 97202
  $575,000Available  
  3 bed / 1.1 baths | 1,490 sq ft
2622 N ROSA PARKS WAY  Portland, OR 97217
  $569,000Available  
  2 bed / 2.1 baths | 1,300 sq ft
3220 SE 73RD AVE  Portland, OR 97206
  $649,900Available  
  3 bed / 2.0 baths | 2,015 sq ft



This content last updated on 07/13/2020, 21:19 (9:19 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 © 2020 RMLS™, Portland, Oregon.



Warning: include(/home/checksum597/market-reports/null.php): failed to open stream: No such file or directory in /home/checksum597/public_html/wp-content/themes/richardnet/inc/functions.php on line 1118

Warning: include(): Failed opening '/home/checksum597/market-reports/null.php' for inclusion (include_path='.:/opt/cpanel/ea-php70/root/usr/share/pear') in /home/checksum597/public_html/wp-content/themes/richardnet/inc/functions.php on line 1118
Portland Homes For Sale: April 2018 Report