Despite changes in Oregon's housing market, Craftsman homes in Portland remain highly desirable, comprising 4% of the U.S. inventory. Known for their low-pitched roofs and wood detailing, these homes appeal to buyers seeking authenticity. Median prices for these homes are about $467,000 nationally, and in Portland, the price averages $530,000. The appreciation rates for Craftsman homes are notable, reflecting their lasting value and quality craftsmanship, with a 43.7% increase over the last six years.
Craftsman homes typically attract buyers who value authenticity and hand-crafted details. These homes have genuine charm and often appreciate well because they're built to last with quality materials.
The average Craftsman home in the U.S. dates to the year 2000 and typically spans about 2,000 square feet. They're not the biggest homes on the block, but what they lack in sheer size, they make up for in handcrafted character and curb appeal.
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