Housing · Portland

Portland, OR housing market

The typical Portland home is worth about $527,000, about the same as a year ago, 6% above the Oregon typical home. Homes typically sell in 10 days, a little above asking.

Home values, sales, trends and how Portland compares with the towns next door — updated as new data is published.

The market right now

Portland at a glance

Typical home value
$527K
▲ 0.3% in a year · Zillow
Median sale price
$562K
May 2026 · Redfin
Days on market
10
Oregon: 28 days
Sale-to-list
101.3%
Homes sell above asking
Homes sold
713
in May · 2,025 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

PortlandOregon
$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Portland $527K Oregon $496K
Show as a table
JanuaryPortlandOregon
2017$428,000$313,000
2018$445,000$337,000
2019$444,000$354,000
2020$452,000$369,000
2021$494,000$411,000
2022$549,000$480,000
2023$538,000$490,000
2024$533,000$495,000
2025$539,000$504,000
2026$532,000$500,000
August 2026$527,000$496,000
Nearby

Portland and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Portland $527K +0.3% 10 $90,919
Gresham $465K −0.5% 15 $77,795
Dunthorpe — — 70 $250,001
Beaverton $524K −2.3% 30 $98,622
West Haven-Sylvan — — 5 $110,200
Garden Home-Whitford $631K −0.1% 7 $97,500
Lake Oswego $885K +1.4% 15 $141,549
Affordability

5.8 years of income

The typical Portland home costs about 5.8 years of the town's median household income, about the same as across Oregon (6).

How Portland ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
52%
Oregon: 63.3%
Median tax bill
$5,743
Oregon: $3,876
Median rent
$1,655
Oregon: $1,525
Typical home built
1966
Oregon: 1981

U.S. Census Bureau, ACS 2020-2024.

On the market

Recent listings in Portland

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Portland

Oregon · OR
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01