Major metropolitan market · Oregon · June 2026 data

Portland Real Estate Market

The Portland, OR housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Portland report in a click.

Median listing price
$598,950
▼ 2.6% YoY
Median $ / sq ft
$309
1,947 sq ft median
Median days on market
51
June 2026
Active listings
8,281
For sale now
New listings
3,744
June 2026
Listings with price cuts
27%
Share of active
Median sale price (closed)
$554,102
▼ 0.0% YoY · closed sales
Sale-to-list ratio
99.5%
Closed sales
Homes sold / month
2,400
Closed sales
Median listing price trend
$615K$605K$595K$585K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Portland OR · trailing 8 quarters · source: public records and industry data.

The 10-year view
$640K$600K$560K$519K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Portland OR · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
8,281
New this month
3,744
Pending
3,702
Price-reduced
2,232

As of June 2026, the median home listed in Portland, OR asks $598,950 — down 2.6% from a year ago. Homes are taking a median of 51 days to go under contract, and 27% of the 8,281 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
47/100
#518 of 932 covered metros
12-month outlook
-2.0%
▼ Cooling · model output, not advice
Price volatility
High
σ 7.1% · 20-yr price-index swings
Momentum
35
Value
58
Rental yield
49
Supply risk
64
Market heat
65

Portland scores 47/100 on our composite Investor Score (#518 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 28% over five years and +76% over ten, leaving prices 20% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,922/mo for a two-bedroom, the gross rental yield on the median listing is about 3.9%; active inventory sits at 100% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 2.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Portland ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,700/mo
−$307/mo vs today
At today's rate · 6.43%
$3,007/mo
National weekly average
If rates rise 1% · 7.43%
$3,327/mo
+$321/mo vs today

Principal & interest on the $598,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
8,502
▼ 6.9% vs 2024
3.4 per 1,000 residents
Net migration (2022–2023)
-7,259
▼ people, via tax-return records
net income flow −$715.5M/yr
Job growth (YoY)
-2.8%
▼ 1,210.4k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Portland market news

The Portland housing market is experiencing an unprecedented national housing shortage, with predictions for 2026 available. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Portland market FAQs

What is the median home price in Portland?
As of June 2026, the median listing price in Portland, OR is $598,950, down 2.6% year over year (source: public records and industry data).
How fast are homes selling in Portland?
The median property in Portland spends 51 days on the market, with 8,281 homes actively listed and 27% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Portland?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Portland and the wider Oregon market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.