Home Values

Downtown Portland Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Downtown Portland is $340, which is higher than the Portland average of $230. The median price of homes currently listed in Downtown Portland is $329,900 while the median price of homes that sold is $235,000. The median rent price in Downtown Portland is $1,625, which is higher than the Portland median of $1,395.

Foreclosures will be a factor impacting home values in the next several years. In Downtown Portland 1.9 homes are foreclosed (per 10,000). This is lower than the Portland value of 4.8 and also lower than the national value of 4.5

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Relative ZHVI
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Downtown Portland Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $329,900 Median listing price
  • No recent data Median sale price
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Downtown Portland Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1.9 homes(Aug 31, 2014) Downtown Portland
4.8 homes Portland
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Southwest Hills $720,300
Buckman $455,900
Hosford-Abernethy $454,000
Name Median ZHVI
Homestead $424,800
Eliot $385,200
Corbett-Terwilliger-Lair Hill $352,000
Name Median ZHVI
Pearl District $304,600
Goose Hollow $302,400
Old Town-Chinatown $252,200

Listings & Sales

Data through Oct 31, 2014
  • $340 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.4% Listings with price cut
15.3%
Sold below listing
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Downtown Portland Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,622 Downtown Portland
    $1,570 Portland
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,625 Rent list price
  • $2.35 Rent list price / sq ft
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