South Waterfront, Portland, OR—97239
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$605,000
0.8% YoY Growth
Household Income
$109,000
25.8% YoY Growth
Days on Market
53
7.0% Shorter YoY
Home Price Forecast
-1.3%
Median Rent
$1,650
10.7% YoY Growth
1-Bed Rent
$1,500
8.8% YoY Growth
2-Bed Rent
$1,900
4.2% YoY Growth
3-Bed Rent
$2,900
15.9% YoY Growth
Home Price Trends — South Waterfront, Portland, OR
As of May '26, the median home price in South Waterfront, Portland, OR is $605,000, with a year-over-year change of -0.8%. This indicates that home prices in South Waterfront, Portland, OR are flat. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $605,000 | -0.8% |
| Single Family | $700,000 | 1.2% |
| Condos | $401,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |