What is the median home price in Downtown Portland, Portland?

The median home price in Downtown Portland is $275,000, down 23% year-over-year. Homes sell in a median of 130 days. The sale-to-list ratio is 97.16%.

How much does it cost to sell a home in Downtown Portland?

On a $275,000 home in Downtown Portland, a traditional agent charges around 3% — about $8,250. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $4,751 while getting MLS listing and expert support.

How long does it take to sell a home in Downtown Portland?

The median home in Downtown Portland spends 130 days on market. 12% of listings go pending within two weeks. 17 homes sold recently in this neighborhood.

Is Downtown Portland a good neighborhood to sell in right now?

Downtown Portland had 17 homes sell recently at a median of $275,000. Sellers are getting 97.16% of their asking price. 17.65% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Oregon/Portland

Downtown Portland · Portland, OR

Is Now a Good Time to Sell in Downtown Portland, Portland?

The median home in Downtown Portland sells for $275,000 with prices down 23% year-over-year. Ridley's flat fee saves you $4,751.

Downtown Portland Real Estate Market Conditions

34out of 100

Ridley Sell Score

How it's scored →

Cooling

34/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Downtown Portland market is cooling, and sellers need to be strategic. Homes are taking longer to sell — be patient and avoid chasing the market down. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Oregon average is 4.1.

Price MomentumFavors buyers

Prices down 22.535211269999998% year-over-year — vs. +0.9% statewide.

Seller LeverageFavors buyers

Homes selling at 97.16% of asking — buyers are negotiating 2.8% below list. Oregon average is 98.6%.

Bidding ActivityFavors buyers

17.65% of homes selling above list price — 4% below the Oregon average of 18.4%.

Sale SpeedFavors buyers

130 median days on market — 52 days slower than the Oregon average.

Market UrgencyFavors buyers

12% of listings go pending within 2 weeks — vs. 25.6% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Oregon average is 28.9%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$275,000

-23%

Days on Market

130

Price per Sq Ft

$318

Sale-to-List Ratio

97.16%

Homes Sold

Sold Above List

17.65%

Pending in 2 Weeks

12%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Portland — delivered monthly.

Your savings

How much can you save selling in Downtown Portland?

$0Estimated savings

That could furnish your new living room — save 1.7% of your home value

Your Downtown Portland home value

$275,000

$50,000$10M

Traditional Agent (3%)

$8,250

Ridley Pro (flat fee)

$3,499

Ready to sell in Downtown Portland?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Downtown Portland

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$8,250	$3,499	$999
Buyer agent	$7,7002.8% avg	$5,500~2% avg	$5,500~2% avg
Closing costs (~1.5%)	$4,125	$4,125	$4,125
Total cost	$20,075	$13,124	$10,624
You save	—	$4,751	$7,251

Based on the Downtown Portland median home price of $275,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Downtown Portland

A flat fee of $3,499 instead of the typical $8,250 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Downtown Portland market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Downtown Portland buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $4,751 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Downtown Portland

Ready to sell in Downtown Portland?

Save $4,751

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Explore nearby

More Portland neighborhoods

Southeast Uplift

$512,00029d on market381 sold

East Portland

$415,00044d on market321 sold

Southwest Portland

$645,00071d on market189 sold

Neighbors West-Northwest

$505,75090d on market176 sold

Northwest Portland

$505,75090d on market176 sold

North Portland

$462,45039d on market168 sold

View all Portland market data →