New - 3 days on Rocket
$10,000 Closing Credit¹
#24433920, Scott Foster, Listing Office: Premiere Property Group, LLC
Forest Park Housing Market Report February 2025•Multnomah County, Oregon
Housing Prices in Forest Park, OR
How much do homes in Forest Park, OR cost?
Housing Market Conditions
Is Forest Park, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forest Park is a Buyer's Market
Difference Since February 2024
Since last year, Forest Park has remained a Buyer's Market.
Insight
Forest Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,050,000$338/SqFt
+$12,000
+1.2%
Based on all homes sold in the last 12 months
Insight
Homes in Forest Park have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Forest Park was $1,050,000 in February 2025, up 1.2% from last year, and the median price per square foot was $338.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| West-Northwest Portland | $525K | $541.3K | +3.1% |
| Forest Park | $1.0M | $1.0M | +1.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $329K | - | N/A |
| 22 Bedrooms | $332.5K | $325K | -2.3% |
| 33 Bedrooms | $1.0M | $892.5K | -10.8% |
| 44 Bedrooms | $975K | $1.1M | +13.8% |
| 55+ Bedrooms | $1.1M | $1.0M | -8.6% |
Summary: Forest Park housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.3%. The home price for 3 bedroom homes decreased by -10.8%. The home price for 4 bedroom homes increased by +13.8%. The home price for 5 bedroom homes decreased by -8.6%.
Housing supply in Forest Park, OR
How many homes are available in Forest Park, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthFeb 2025 | ||
| 262 months agoJan 2025 | -7.7 % Change MoMJan – Feb |
Summary: The Forest Park real estate market had 24 homes for sale in Feb 2025, a 7.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 5 | 3 | -40.0% |
| 44 Bedrooms | 9 | 8 | -11.1% |
| 55+ Bedrooms | 11 | 13 | +18.2% |
Summary: Forest Park housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes increased by +18.2%.
Asking Price vs. Sold Price
How much do homes in Forest Park, OR cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Forest Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Forest Park in February 2025, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for Forest Park, OR
How long does it take to sell a home in Forest Park, OR?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Forest Park are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 3 homes were sold in Forest Park; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 65 DaysThis YearFeb 2025 | ||
| 17 Days1 year agoFeb 2024 | +284.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Forest Park had an average listing age of 65 days in Feb 2025, up by 284.3% compared to the previous year.
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Newest Listings in Forest Park, OR
What homes are available in Forest Park, OR?
New - 5 days on Rocket
$10,000 Closing Credit¹
#24299449, Laura Sheldon, Listing Office: Premiere Property Group, LLC
#523860473, Kurt Clements, Listing Office: ListWithFreedom.com
$10,000 Closing Credit¹
#368065716, Russell Clum, Listing Office: Cascade Hasson Sotheby's International Realty
Video tour
$10,000 Closing Credit¹
#110606427, Carolyn Hoty, Listing Office: Keller Williams Realty Professionals
$10,000 Closing Credit¹
#110590459, Krishnakumar Regupathy, Vera Clair, Listing Office: Krishna Realty
$10,000 Closing Credit¹
#287749590, Helen Hoyt, Listing Office: Portland Creative Realtors
3D tour
$10,000 Closing Credit¹
#411397385, Casey Jones, Listing Office: John L. Scott
$10,000 Closing Credit¹
#24438497, Pam Waldman, Lara James, Listing Office: Keller Williams Realty Portland Premiere
#744700526, Stephen FitzMaurice, Jennifer Tangvald, Listing Office: eXp Realty, LLC
#24249737, Mandy Goodell, Listing Office: NextHome Realty Connection
Video tour
#24299430, Shannon Baird, Atika Hagen, Listing Office: Windermere Realty Trust
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 03/01/2023 - 03/01/2025
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.