#146890170, Jessica Duncan, Listing Office: Premiere Property Group, LLC
Portland West Housing Market Report March 2025•Multnomah County, Oregon
Housing Prices in Portland West, OR
How much do homes in Portland West, OR cost?
Housing Market Conditions
Is Portland West, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Portland West is a Buyer's Market
Difference Since March 2024
At the same time last year, Portland West was a Seller's Market.
Portland West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Portland West have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Portland West was $640,320 in March 2025, up 2.5% from last year, and the median price per square foot was $340.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Rockcreek | $635K | $670K | +5.5% |
Lake Oswego | $886.4K | $914.5K | +3.2% |
Portland West | $624.8K | $640.3K | +2.5% |
Portland | $539.2K | $547.1K | +1.5% |
Skyline | $680K | $603.8K | -11.2% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $306.3K | $319.4K | +4.3% |
22 Bedrooms | $479.6K | $475K | -1.0% |
33 Bedrooms | $647.1K | $650K | 0.4% |
44 Bedrooms | $910K | $900K | -1.1% |
55+ Bedrooms | $1.0M | $1.1M | +10.1% |
Summary: Portland West housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.3%. The home price for 2 bedroom homes decreased by -1.0%. The home price for 3 bedroom homes increased by 0.4%. The home price for 4 bedroom homes decreased by -1.1%. The home price for 5 bedroom homes increased by +10.1%.
How does Portland West, OR compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Portland West, OR
Housing supply in Portland West, OR
How many homes are available in Portland West, OR?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
1,020Last MonthMar 2025 | ||
8822 months agoFeb 2025 | +15.6 % Change MoMFeb – Mar |
Summary: The Portland West real estate market had 1,020 homes for sale in Mar 2025, a 15.6 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
111Last MonthMar 2025 | ||
1432 months agoFeb 2025 | -22.4 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 192 | 234 | +21.9% |
22 Bedrooms | 247 | 286 | +15.8% |
33 Bedrooms | 176 | 198 | +12.5% |
44 Bedrooms | 160 | 185 | +15.6% |
55+ Bedrooms | 107 | 117 | +9.3% |
Summary: Portland West housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +21.9%. The inventory for 2 bedroom homes increased by +15.8%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +15.6%. The inventory for 5 bedroom homes increased by +9.3%.
Asking Price vs. Sold Price
How much do homes in Portland West, OR cost?
Over Asking Price22 Homes
At Asking Price27 Homes
Under Asking Price62 Homes
If you're buying a home in Portland West, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Portland West in March 2025, down by 22.4% month-over-month. Of the 111 sold homes, 56% were sold under asking, 24% were sold at asking, and and 20% were sold over asking.
Days on Market for Portland West, OR
How long does it take to sell a home in Portland West, OR?
Breakdown of Home Sale Times
Under 30 Days46 Homes
30 – 90 Days27 Homes
Over 90 Days38 Homes
Many homes in Portland West are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 111 homes were sold in Portland West; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
83 DaysThis YearMar 2025 | ||
56 Days1 year agoMar 2024 | +46.2 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Portland West had an average listing age of 83 days in Mar 2025, up by 46.2% compared to the previous year.
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Newest Listings in Portland West, OR
What homes are available in Portland West, OR?
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, and Northwest Multiple Listing Service for the period 04/01/2023 - 04/01/2025

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: 4/9/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 11:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.