"Portland is known for its tree-lined streets, vibrant food scene, and creative spirit - and the housing market is just as lively. In July 2025, the median sale price was $545,000, up 4.8% year over year. Homes are selling quickly, often in just 22 days, and many see multiple offers. With a Redfin Compete Score™ of 76/100, Portland's market is very competitive, reflecting the strong demand to call this city home."
"Holly is an SEO Content Specialist at Redfin with 3 years of experience writing about real estate. She focuses on special home buying scenarios, helping readers navigate unique or complex situations like buying after a divorce, relocating, or purchasing fixer-uppers and vacation homes. Holly is passionate about helping readers make informed decisions, especially when it comes to understanding their options in challenging transactions or working with the right buyer's agent."
Portland features tree-lined streets, a vibrant food scene, and a creative spirit alongside an active housing market. The median sale price in July 2025 was $545,000, representing a 4.8% year-over-year increase. Homes are moving quickly, frequently selling in about 22 days and attracting multiple offers. A Redfin Compete Score™ of 76 out of 100 indicates a very competitive market and strong demand to live in the city. These conditions reflect robust buyer interest and swift transaction timelines for available listings.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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