MarketPulse
Home/Markets/Portland, OR
Balanced Market · Updated June 2026

PortlandHousing Market

Live market data for Portland, Oregon. Median prices, inventory, days on market, and AI-powered trend analysis — backed by Redfin MLS data.

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Median Sale Price
-6.0% YoY

$293,650

Prices have softened +6.0% year-over-year — opportunity for buyers.

Days on Market

31

Typical selling pace for this market.

Active Listings

65

24 sold (30d)

Price / Sq Ft

$147

Median listing PPSF

Months of Inventory

4.4

Balanced Market

Sold (30 days)

24

In ZIP 97204

AI Market Analysis

WHAT'S HAPPENING IN PORTLAND RIGHT NOW

The Portland, OR housing market currently shows a median sale price of $293,650 — down +6.0% year-over-year. Homes are selling in an average of 31 days, with 65 active listings available.

With 4.4 months of inventory, Portland is currently a balanced market. Buyers and sellers share balanced negotiating power. This is a healthy, sustainable market dynamic. Price per square foot sits at $147.

In the last 30 days, 24 homes have sold in this market. Real estate agents in Portland use MarketPulse to send branded weekly market updates to past clients, helping them stay top-of-mind and earn repeat business.

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COMMON QUESTIONS ABOUT PORTLAND

Quick answers based on the latest market data.

What's the median home price in Portland, OR?+
As of June 2026, the median home sale price in Portland, OR is $293,650. This is down +6.0% year-over-year.
Is Portland a buyer's market or seller's market?+
Portland currently has 4.4 months of inventory, making it a balanced market. Inventory is balanced (4-6 months) which means buyers and sellers share negotiating power.
How long do homes take to sell in Portland?+
Homes in Portland are currently selling in an average of 31 days. This is a typical pace for the market.
How is this data calculated?+
Market data is aggregated from Redfin's public MLS feeds and updated daily. Median prices reflect closed sales, days on market measures listing-to-contract time, and inventory is calculated from active listings divided by the recent sales pace.

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