Portland, OR metro area Housing Market Brief
metro · OR · as of July 2026
What is Portland, OR metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Portland, OR metro area in its market cycle?
Portland, OR metro area is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Portland, OR metro area?
Our model forecasts Portland, OR metro area’s home prices to rise about 2.7% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Portland, OR metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $570K | ▲ +2.9% |
| Median Days on Market | 19 days | ▼ -42.5% |
| Months of Supply | 2.9 | ▼ -18.6% |
| Homes for Sale | 7,719 | ▼ -8.1% |
| Homes Sold | 2,660 | ▲ +13.7% |
| Median Price / Sq Ft | $306 | ▲ +1% |
How has Portland, OR metro area’s Alpha Score moved?
Markets like Portland, OR metro area
- Minneapolis, MN metro area, MNmetro45
- San Jose, CA metro area, CAmetro29
- Miami, FL metro areametro46
- Charlotte, NC metro area, NCmetro45
- Tacoma, WA metro areametro44
- Columbus, OH metro area, OHmetro55
- West Palm Beach, FL metro areametro43
- Salt Lake City, UT metro area, UTmetro42
- Las Vegas, NV metro area, NVmetro30
- Fort Worth, TX metro areametro44
Frequently asked questions
Is Portland, OR metro area a buyer's or seller's market?
As of July 2026, Portland, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 28 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Portland, OR metro area?
The median sale price in Portland, OR metro area is $570K, having risen 2.9% over the past year.
How affordable is Portland, OR metro area?
Portland, OR metro area scores 15 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Portland, OR metro area's Alpha Score?
Portland, OR metro area's strongest dimension is Price Momentum (51/100) and its weakest is Affordability (15/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Portland, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.