What's the current median home price in Portland

Portland’s real estate market continues to shift with interest rates, demand, and neighborhood growth. As of 2025, the median home price in Portland sits around $500,000–$525,000 (exact numbers change monthly depending on RMLS reports).

For Buyers:
The median price matters because it helps set expectations. If you’re shopping below $500K, you’ll likely face tighter inventory and stronger competition. If your budget is higher, you may find more options and negotiating power.

For Sellers:
The median tells you where most buyers are shopping. Pricing your home too far above that range may mean sitting on the market longer, while pricing strategically can draw multiple offers.