"In July 2025, the median sale price was $545,000, up 4.8% year over year, with homes selling in just 22 days and receiving about three offers each. The market is very competitive, reflected in a Redfin Compete Score™ of 73 out of 100. About 36.0% of homes sold above list price while 39.1% saw price drops, and the sale-to-list ratio landed at 99.9%."
"Portland keeps its edge, and buyers are taking notice. From June through August, 78% of Redfin.com homebuyers searched to stay within the metro while 22% looked to move out. Portland's median home price is 19% higher than the U.S. median, and the overall cost of living is 16% higher-making it a pricier but in-demand place to call home. Latest Portland listings"
Portland's July 2025 median sale price was $545,000, a 4.8% year-over-year increase. Homes sold in a median of 22 days and typically received about three offers. The market registered a Redfin Compete Score™ of 73 out of 100, indicating strong competition. Approximately 36.0% of homes sold above list price while 39.1% experienced price drops, producing a sale-to-list ratio of 99.9%. Between June and August, 78% of Redfin.com homebuyers searched to remain within the metro while 22% looked to move out. Portland's median home price is 19% higher than the U.S. median and overall cost of living is 16% higher.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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