Portland Market Report
$742,830
AVERAGE PRICE OF 3,756 HOMES$386,789
AVERAGE PRICE OF 10 DISTRESSED HOMES$1,814,721
AVERAGE PRICE OF 626 MULTI-MILLION DOLLAR HOMES$1,000,730
AVERAGE PRICE OF 468 NEWLY BUILT HOMES$1,235,309
AVERAGE PRICE OF 140 HOMES WITH A POOL$638,703
AVERAGE PRICE OF 218 REDUCED PRICE HOMESAverage Home
| Average Price | $742,830 |
| Avg Bedrooms | 2.48 beds |
| Avg Bathrooms | 1.98 baths |
Average Price by Bedrooms
| 1 bedroom | $410,838 |
| 2 bedrooms | $515,588 |
| 3 bedrooms | $644,938 |
| 4 bedrooms | $886,837 |
| 5 bedrooms | $1,229,546 |
Portland Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 3,724 | 3,696 | 3,570 | 3,250 | 2,862 |
| Average Price | $746,780 | $757,006 | $759,584 | $760,032 | $750,193 |
| Avg Price Change | -1.37% | -0.34% | -0.06% | +1.31% | +0.12% |
| Median Price | $567,401 | $573,911 | $575,231 | $578,042 | $561,385 |
| Med Price Change | -1.15% | -0.23% | -0.49% | +2.97% | +2.09% |
| Avg Bedrooms | 2.5 beds | 2.52 beds | 2.52 beds | 2.5 beds | 2.44 beds |
| Avg Bathrooms | 1.98 baths | 1.99 baths | 2 baths | 1.99 baths | 1.93 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cleveland | 271 | $721,551 | 64 days |
| Franklin | 302 | $617,006 | 62 days |
| Ida B Wells | 306 | $731,678 | 72 days |
| Jefferson | 360 | $644,307 | 74 days |
| Lincoln | 734 | $884,974 | 99 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,756 | $742,830 | 83 days |
| Distressed Homes | 10 | $386,789 | 206 days |
| Multi-Million Dollar Homes | 626 | $1,814,721 | 115 days |
| Newly Built Homes | 468 | $1,000,730 | 107 days |
| Homes with a Pool | 140 | $1,235,309 | 108 days |
| Reduced Price Homes | 218 | $638,703 | 58 days |
