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Portland Market Report

$611,531

AVERAGE PRICE OF 3,132 HOMES

$358,122

AVERAGE PRICE OF 37 DISTRESSED HOMES

$1,567,897

AVERAGE PRICE OF 304 MULTI-MILLION DOLLAR HOMES

$712,586

AVERAGE PRICE OF 376 NEWLY BUILT HOMES

$631,037

AVERAGE PRICE OF 120 HOMES WITH A POOL

$584,183

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $611,531
Avg Bedrooms 2.74 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $344,933
2 bedrooms $681,256
3 bedrooms $560,531
4 bedrooms $667,063
5 bedrooms $1,247,273
Portland Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 3,748 3,809 3,822 3,645 3,476
Average Price n/a n/a n/a n/a $597,480
Avg Price Change n/a n/a n/a n/a +1.62%
Median Price $504,122 $505,502 $499,632 $494,556 $492,932
Med Price Change -0.27% +1.17% +1.03% +0.33% +1.84%
Avg Bedrooms 2.84 beds 2.8 beds 2.83 beds 2.89 beds 2.93 beds
Avg Bathrooms 2.05 baths 2.01 baths 1.99 baths 1.96 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Centennial 1 $340,000 46 days
Cleveland 229 $596,074 54 days
Franklin 246 $504,617 61 days
Jefferson 302 $495,164 86 days
Lincoln 687 $674,252 92 days
Roosevelt 1 $444,900 36 days
Wilson 283 $600,945 56 days
Woodburn 1 $495,000 n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,132 $611,531 87 days
Distressed Homes 37 $358,122 193 days
Multi-Million Dollar Homes 304 $1,567,897 133 days
Newly Built Homes 376 $712,586 132 days
Homes with a Pool 120 $631,037 85 days
Reduced Price Homes 56 $584,183 48 days
Knipe Realty ERA Powered
Marissa Rowe
7420 SW Bridgeport Rd, suite 210
Portland, OR 97224
503-915-2815
Principal Broker OR - License #201215022
Broker WA - License #129253

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