Portland, OR 97225 Real Estate Market Report

ZIP Code: 97225
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The primary market signal in Portland, OR (ZIP: 97225) is the median sold price of $739,000, which represents the best available indicator of recent transaction value in the neighborhood. Listing expectations sit nearby at a median listing price of $750,000, suggesting modest pricing friction between seller expectations and completed sales rather than a wide gap. Given the long median days on market of 288, transactions appear to be occurring slowly, which may indicate more deliberate buyer decision-making or a need for stronger pricing clarity.

Market conditions read as broadly balanced: the market temperature is reported as neutral, and inventory in the analyzed sample appears to reflect a relatively constrained active supply that supports current price stability rather than rapid appreciation or collapse. Rent trends are moving down, and interest rate pressure is characterized as moderate, which together may be encouraging cautious buyer re-entry without producing a sharp price response. Other factual context includes a median price per square foot of $328.88891624608846 and a median market rent of $2,940, with a local property tax rate of 0.84%—figures buyers and sellers should reference when calibrating pricing and carrying-cost expectations.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $739,000 median sold price indicates stable transaction-level value; sellers should align pricing with recent closed comps to avoid protracted marketing given the 288 median days on market and observed pricing proximity to the $750,000 median listing price (flat pricing context).

2. The long 288 median days on market suggests slower sales velocity—market participants should expect longer marketing windows and consider targeted incentives or staged pricing adjustments rather than large initial premiums.

3. $328.88891624608846 median price per square foot signals where competitive pricing should sit for comparable homes; sellers aiming for faster sale pace may price slightly below this benchmark, while buyers should use it to validate listing claims.

4. With $2,940 median market rent trending down, investors should be cautious about near-term rent growth assumptions and factor in rental softness when modeling cash flow.

5. Given a 0.84% property tax rate and a moderate interest rate pressure environment, financing-sensitive buyers may be active but deliberate—agents should emphasize financing options and comparable sold-price evidence to convert prudent buyers into offers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.