Portland Market Report
$702,053
AVERAGE PRICE OF 4,400 HOMES$487,213
AVERAGE PRICE OF 11 DISTRESSED HOMES$1,789,631
AVERAGE PRICE OF 647 MULTI-MILLION DOLLAR HOMES$788,493
AVERAGE PRICE OF 622 NEWLY BUILT HOMES$1,275,664
AVERAGE PRICE OF 121 HOMES WITH A POOL$622,861
AVERAGE PRICE OF 210 REDUCED PRICE HOMESAverage Home
| Average Price | $702,053 |
| Avg Bedrooms | 2.46 beds |
| Avg Bathrooms | 2.04 baths |
Average Price by Bedrooms
| 1 bedroom | $356,212 |
| 2 bedrooms | $456,700 |
| 3 bedrooms | $633,654 |
| 4 bedrooms | $885,057 |
| 5 bedrooms | $1,188,701 |
Portland Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 4,395 | 4,348 | 4,279 | 3,984 | 3,420 |
| Average Price | $714,493 | $734,094 | $740,386 | $749,558 | $740,875 |
| Avg Price Change | -2.74% | -0.86% | -1.24% | +1.17% | -0.49% |
| Median Price | $547,420 | $558,779 | $553,573 | $551,600 | $548,126 |
| Med Price Change | -2.08% | +0.94% | +0.36% | +0.63% | +1.78% |
| Avg Bedrooms | 2.47 beds | 2.51 beds | 2.52 beds | 2.5 beds | 2.42 beds |
| Avg Bathrooms | 2.05 baths | 2.06 baths | 2.06 baths | 2.05 baths | 1.99 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Lincoln | 829 | $805,717 | 125 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,400 | $702,053 | 98 days |
| Distressed Homes | 11 | $487,213 | 317 days |
| Multi-Million Dollar Homes | 647 | $1,789,631 | 127 days |
| Newly Built Homes | 622 | $788,493 | 114 days |
| Homes with a Pool | 121 | $1,275,664 | 84 days |
| Reduced Price Homes | 210 | $622,861 | 86 days |
