An eco-conscious, independent arts scene is the driving force behind the city’s slogan, “Keep Portland Weird.” Portland is home to many active wear company headquarters, and the city’s proximity to mountains and forests allows outdoor enthusiasts to stay active year-round. There are currently 3,619 properties for sale in Portland, where the median listing price is $445,000. The Zillow Home Value Index is $419,100. Home values have increased by 6.9 percent over the past year, and are expected to rise another 4.3 percent over the next 12 months. The median price per square foot in Portland is $323. On average, homes for sale in Portland stay on the market for 60 days and receive two offers. Portland is the 14th most walkable large city in the U.S., with a walk score of 65, a transit score of 51 and a bike score of 72. Portland is home to approximately 583,776 people and 396,143 jobs.
The median age in Portland is 37 while the median age of Portland homeowners is 58 and the median household income is $55,003 per year. Popular Portland neighborhoods include Powellhurst-Gilbert, Hazelwood, Centennial, Lents, Montavilla, St. Johns, Northwest, Cully and Brentwood-Darlington.
Portland is home to many open spaces and parks, including the 5,000-square-acre Forest Park. The Burnside Triangle and the Pearl and Mississippi districts are among Portland's trendy neighborhoods to eat, drink and shop, while downtown offers a riverfront farmer's market every Saturday. Powell's City of Books is a two-story bookstore that takes up an entire city block. Other major attractions include the Portland Art Museum, Portland Japanese Garden, International Rose Garden and the Oregon Museum of Science and Industry.
RealEstate.com serves as the ultimate resource for first-time home buyers, offering easy-to-understand tools and expert advice at every stage of the process. Use filters to narrow your search by price, budget, square feet, beds and baths to find homes that fit your criteria. Our Portland real estate stats and trends will give you more information about home buying in Portland.