Portland, OR—97204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Portland, OR
Portland, OR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Portland, OR
As of July '25, Rentcast reports the average rent in Portland, OR is $1,640, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Portland, OR is studios: $1,300, 2-bedrooms: $2,000. The most common rental property sizes in Portland, OR are studio and 1-bedroom, accounting for 88.5% and 7.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,640 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Portland, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Portland, OR is 65. This is a decrease of -35.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 20.0% |
Listing Count | 2 | 17.0% |
| Listings as % of Homes | N/A | 17.0% |
Days on Market | 65 | -35.0% |
Demographics — Portland, OR
As of the latest ACS Survey released in 2023, Portland, OR has a population of 932, which has decreased by -15.3% over the past 5 years. Portland, OR is a less popular place for families, as children make up 1.8% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 932 | -15.3% |
% Under 18 | 1.8% | -43.8% |
% Seniors | 13.9% | 13.9% |
% WFH | 7.4% | 131.2% |
% w/ College Degree | 14.2% | -11.8% |
As of the latest ACS Survey released in 2023, Portland, OR is a predominantly white area, with 50.0% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Portland, OR is black, making up 22.9% of the population. Foreign-born residents account for 17.4% of the population in Portland, OR, and this percentage has increased by 47.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.0% | -13.6% |
% Black | 22.9% | 49.7% |
% Hispanic | 12.6% | -27.6% |
% Asian | 5.0% | 1,150.0% |
% Foreign Born | 17.4% | 47.5% |
Mortgage and Risk — Portland, OR
According to HUD data as of 2023, there were 1 mortgage originations in Portland, OR, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Portland, OR. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 100.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Portland, OR
Portland, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,600 |
| 2 Bedroom | -$170 | $2,000 | $1,830 |
| 3 Bedroom | N/A | N/A | $2,530 |
| 4 Bedroom | N/A | N/A | $2,930 |
Affordability — Portland, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |