Portland, TX 78374 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Portland, TX—78374

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$261,000

0.2% YoY Growth

Household Income

$81,600

15.1% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

-1.1%

Median Rent

$1,880

12.6% YoY Growth

1-Bed Rent

$1,040

12.6% YoY Growth

2-Bed Rent

$1,200

6.8% YoY Growth

3-Bed Rent

$1,900

10.4% YoY Growth

Home Price Trends — Portland, TX

As of Dec '25, the median home price in Portland, TX is $261,000, with a year-over-year change of 0.2%. This indicates that home prices in Portland, TX are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$261,000	0.2%
Single Family	$262,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Portland, TX

As of July '25, Rentcast reports the average rent in Portland, TX is $2,060, with a year-over-year rent change of 12.6%. Per bedroom, the median rent as of July '25 in Portland, TX is 1-bedrooms: $1,070, 2-bedrooms: $1,240, 3-bedrooms: $2,120, 4-bedrooms: $2,420. The most common rental property sizes in Portland, TX are 2-bedroom and 3-bedroom, accounting for 39.6% and 27.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,880	$2,060
Studio Rent	N/A	N/A
1 Bed Rent	$1,040	$1,070
2 Bed Rent	$1,200	$1,240
3 Bed Rent	$1,900	$2,120
4 Bed Rent	$2,300	$2,420

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% of Rental Stock

Studio

5.7%

1 Bedroom

11.2%

2 Bedrooms

39.6%

3 Bedrooms

27.8%

4 Bedrooms

15.3%

5+ Bedrooms

0.4%

Property Listings — Portland, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Portland, TX is 56. This is a decrease of -22.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$308,000	-8.0%
Listing Count	158	17.0%
Listings as % of Homes	1.1%	17.0%
Days on Market	73	-18.0%

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Demographics — Portland, TX

As of the latest ACS Survey released in 2023, Portland, TX has a population of 20,200, which has increased by 12.7% over the past 5 years. Portland, TX is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 24.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,200	12.7%
% Under 18	24.9%	-13.2%
% Seniors	14.3%	9.2%
% WFH	7.2%	75.6%
% w/ College Degree	24.5%	-9.6%

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As of the latest ACS Survey released in 2023, Portland, TX is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Portland, TX is hispanic, making up 41.2% of the population. Foreign-born residents account for 6.7% of the population in Portland, TX, and this percentage has increased by 13.6% 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	50.7%	-12.3%
% Black	1.8%	28.6%
% Hispanic	41.2%	7.3%
% Asian	2.2%	46.7%
% Foreign Born	6.7%	13.6%

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Mortgage and Risk — Portland, TX

According to HUD data as of 2023, there were 353 mortgage originations in Portland, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Portland, TX. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	353
% Conventional Loans	61.0%
% Government Loans	39.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Portland, TX

As of 2024, the percent of homes in Portland, TX under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Portland, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	99
Total Units Section 8	99
% Rentals under Section 8	3.9%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$470	$1,040	$1,510
2 Bedroom	$660	$1,200	$1,860
3 Bedroom	$530	$1,900	$2,430
4 Bedroom	$540	$2,300	$2,840

Portland, TX—78374

Key Metrics at a Glance

Home Price Trends — Portland, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Portland, TX

% of Rental Stock

Property Listings — Portland, TX

Demographics — Portland, TX

Race and Ethnicity

Mortgage and Risk — Portland, TX

Mortgages

Rentals and Section 8 — Portland, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Portland, TX

Home Price to Income Ratio

Portland, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Gregory

Ingleside, TX

Aransas Pass, TX

Taft, TX

Resurrection Bay, Corpus Christi, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$261,000
Median Household Income	$81,600

Portland, TX—78374

Key Metrics at a Glance

Home Price Trends — Portland, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Portland, TX

% of Rental Stock

Property Listings — Portland, TX

Demographics — Portland, TX

Race and Ethnicity

Mortgage and Risk — Portland, TX

Mortgages

Rentals and Section 8 — Portland, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Portland, TX

Home Price to Income Ratio

Portland, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Gregory

Ingleside, TX

Aransas Pass, TX

Taft, TX

Resurrection Bay, Corpus Christi, TX

Frequently Asked Questions

What is the average home price in Portland, TX 78374?

How have home prices in Portland, TX 78374 changed over the past year?

What is the home price projection for Portland, TX 78374?

What are the demographics of Portland, TX 78374?

How long does it take homes to sell in Portland, TX 78374?

What is the average rent price in Portland, TX 78374?