Updated May 2026 · Redfin
Portland Real Estate Market Update, May 2026
Here are the latest housing market numbers for Portland, OR, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $562K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $562K | ▲ +7.0% | ▲ +2.1% |
| Days on market | 10 | ▼ -44.4% | ▼ -9.1% |
| Homes for sale | 2,025 | ▲ +1.3% | ▼ -13.9% |
| Sale-to-list | 101.3% | ▲ +0.4% | ▼ -0.1% |
| Months of supply | 2.8 | ▲ +3.7% | ▼ -9.7% |
| Homes sold | 713 | ▼ -5.3% | ▼ -5.2% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the Portland numbers say
Prices in Portland are still rising. The median sale price reached $561,525, up 2.1% year over year. Homes are moving fast: a typical listing goes under contract in about 10 days, and sellers are getting 101.3% of list price.
With 2,025 homes for sale and 2.8 months of supply, Portland is currently a seller's market.
What this means if you sell in Portland
Use these figures to set expectations early with each client. Lead a listing appointment with the $562K median price and the 10-day pace, show the year-over-year direction, and frame Portland as a seller's market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the Portland market
We built LOKAL to pull Portland's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $562K median sale price, +2.1% year over year, 10 days on market and a 101.3% sale-to-list ratio across 713 recorded sales. That compares with roughly $550K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
Turn these Portland numbers into a finished post.
Open LOKAL with Portland already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the Portland post →Frequently asked: the Portland housing market
- What is the median home price in Portland, OR?
- As of May 2026, the median sale price in Portland is $561,525 (+2.1% year over year), per the Redfin Data Center.
- Is Portland a buyer's or seller's market right now?
- Portland is currently a seller's market, based on 2.8 months of supply and a 101.3% sale-to-list ratio for May 2026.
- How long do homes take to sell in Portland?
- A typical Portland listing goes under contract in about 10 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Portland market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Portland agents. LOKAL is not affiliated with Redfin.
Other US metros
Compare Portland with another market
Embed this update on your site
Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.
Portland housing market by ZIP code
See Portland block by block. These 30 Portland-area ZIP codes each have their own real Redfin median price, days on market and supply.