Portland, OR Homes For Sale & Real Estate

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Portland, OR Real Estate Insights

Portland is a city celebrated for it's diversity, even more obvious based on it's size. Trulia ranks Portland a 6 out of 6 tiers for active lifestyle offerings, restaurants, cafes, arts and nightlife. Portland is considered a big soccer town with 30 years of the Portland Timbers playing on it's turf. Local breweries help feed beer fans across the Pacific Northwest, and Portland is a stone's throw from plenty of hiking trails, Mount Hood for snowboarding and even the coast for surfing.

With 580,827 residents, Portland isn't large enough to feel overwhelming, which is why many around the median age of 37 choose to call it home. Given average list prices are on the rise, up 16.78 percent year-over-year in 2015, and inventory dropped 18.07 percent on for-sale listings during the same period, the Portland real estate market is competitively priced. The average for-sale listing was $476,874 and there were 1,424 homes for sale in 2015. The median age of Portland homeowners is higher than most cities of similar size at 58 years old.