Portland Market Report
$763,452
AVERAGE PRICE OF 3,405 HOMES$395,663
AVERAGE PRICE OF 11 DISTRESSED HOMES$1,818,546
AVERAGE PRICE OF 606 MULTI-MILLION DOLLAR HOMES$1,106,098
AVERAGE PRICE OF 388 NEWLY BUILT HOMES$1,060,066
AVERAGE PRICE OF 145 HOMES WITH A POOL$703,785
AVERAGE PRICE OF 148 REDUCED PRICE HOMESAverage Home
| Average Price | $763,452 |
| Avg Bedrooms | 2.51 beds |
| Avg Bathrooms | 2 baths |
Average Price by Bedrooms
| 1 bedroom | $426,944 |
| 2 bedrooms | $526,578 |
| 3 bedrooms | $634,138 |
| 4 bedrooms | $898,399 |
| 5 bedrooms | $1,254,174 |
Portland Home Price Trends
| 4/2023 | 3/2023 | 2/2023 | 1/2023 | 12/2022 | |
|---|---|---|---|---|---|
| Total Listings | 2,862 | 2,647 | 2,654 | 2,558 | 2,990 |
| Average Price | $750,193 | $749,274 | $742,540 | $736,441 | $722,039 |
| Avg Price Change | +0.12% | +0.91% | +0.83% | +1.99% | +0.86% |
| Median Price | $561,385 | $549,880 | $541,292 | $537,550 | $537,163 |
| Med Price Change | +2.09% | +1.59% | +0.70% | +0.07% | -1.39% |
| Avg Bedrooms | 2.44 beds | 2.42 beds | 2.47 beds | 2.5 beds | 2.53 beds |
| Avg Bathrooms | 1.93 baths | 1.91 baths | 1.94 baths | 1.94 baths | 1.94 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cleveland | 290 | $739,035 | 58 days |
| Franklin | 234 | $621,603 | 55 days |
| Ida B Wells | 295 | $701,921 | 65 days |
| Jefferson | 302 | $670,374 | 55 days |
| Lincoln | 631 | $917,387 | 85 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,405 | $763,452 | 70 days |
| Distressed Homes | 11 | $395,663 | 137 days |
| Multi-Million Dollar Homes | 606 | $1,818,546 | 102 days |
| Newly Built Homes | 388 | $1,106,098 | 109 days |
| Homes with a Pool | 145 | $1,060,066 | 75 days |
| Reduced Price Homes | 148 | $703,785 | 50 days |
