Market Update: Northwest Portland, Oregon

The Northwest Portland housing market is somewhat competitive. Homes in Northwest Portland receive 1 offers on average and sell in around 75 days. The median sale price of a home in Northwest Portland was $475K last month, down 7.3% since last year. The median sale price per square foot in Northwest Portland is $364, down 5.6% since last year.

Northwest Portland Housing Market Trends

What is the housing market like in Northwest Portland today?

In April 2025, Northwest Portland home prices were down 7.3% compared to last year, selling for a median price of $475K. On average, homes in Northwest Portland sell after 75 days on the market compared to 64 days last year. There were 183 homes sold in April this year, down from 186 last year. Somewhat Competitive

Redfin considers Northwest to be Somewhat Competitive. Some homes get multiple offers. The average home sells for about 3% below list price and go pending in around 55 days. Hot homes can sell for around list price and go pending in around 13 days.