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Foreclosure Homes in Portland, OR

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Portland, OR Foreclosures

How much do homes sell for in Portland, OR?
The average home price is currently $653,215.
In Portland, OR, how many homes are available?
There are currently 1,163 active home listings available in Portland.
What’s the average rental cost in Portland, OR?
The average rental price in Portland is $1,432.
What is the most expensive home in Portland?
The most expensive home sold in Portland had a price of $124,371,592.
What is currently the cheapest priced home in Portland, OR?
The cheapest home for sale in Portland is priced at $10,951.

Living in Portland, OR

Portland, Oregon, is a dynamic city celebrated for its cultural diversity, innovative community, and recreational opportunities. Its eco-friendly reputation and gourmet food scene attract residents and tourists alike. Access to excellent education and outdoor activities makes it a desirable location for families.

Current Market Conditions in Portland, OR

The real estate market in Portland, OR, is currently experiencing a steady growth trend, making it a prime location for real estate investment. Home prices have been on an upward trajectory, reflecting the demand for housing in this attractive city.

With its expanding job market and vibrant lifestyle, investor interest in Portland is becoming increasingly prevalent. Properties in desirable neighborhoods are seeing quick turnover and competitive offers, underscoring the growing popularity of this urban hub.

Home Value Estimator For Portland, OR

There are currently 262,697 real estate properties in Portland, OR, with a median automated valuation model (AVM) price of $568,161.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portland, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Portland, OR, is $653,215.00, with the most expensive house in Portland, OR, topping out at $124,371,592.00 and the cheapest home in Portland, OR, clocking in at $10,951.00. In other words, there’s something for every potential homebuyer or savvy investor in Portland, OR!

Rent Prices In Portland, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portland, OR, is on a rollercoaster ride. The average rent price in Portland, OR, is $1,432.00. Indeed, when looking to rent in Portland, OR, you can expect to pay as little as $610.00 or as much as $4,740.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Portland, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Portland, OR Foreclosures

Market Trend for Portland, OR

Total Listings Available: 1,163

Market Values:

Home Prices from $10,951 to $124,371,592

Average Sales Price: $653,215

Rental Values:

Rental from $610 to $4,740

Average Rent Value: $1,432 / month

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