Market Update: Southwest Portland, Oregon

Southwest Portland, OR Housing Market:

The Southwest Portland housing market is somewhat competitive. Homes in Southwest Portland receive 2 offers on average and sell in around 31 days. The median sale price of a home in Southwest Portland was $690K last month, up 10.4% since last year. The median sale price per square foot in Southwest Portland is $325, down 5.8% since last year.

Southwest Portland Housing Market Trends:

What is the housing market like in Southwest Portland today?

In April 2025, Southwest Portland home prices were up 10.4% compared to last year, selling for a median price of $690K. On average, homes in Southwest Portland sell after 31 days on the market compared to 29 days last year. There were 247 homes sold in April this year, up from 203 last year.

How hot is the Southwest Portland housing market?

Southwest Portland is somewhat competitive. Homes sell in 19 days. Some homes get multiple offers. The average homes sell for around list price and go pending in around 19 days. Hot homes can sell for about 2% above list price and go pending in around 5 days.