Is Portland, OR 97222 a buyer’s or seller’s market?
Portland is a seller’s market. With about 2.2 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.2Under 4 months = seller’s market
Sold above original list34.9%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$316▲ +1.2% vs. last year
Run the numbers for 97222
Nearby markets
Beavercreek 97004Balanced $425 /sq ftBoring 97009Seller’s market $335 /sq ftBrightwood 97011Buyer’s market $345 /sq ftCanby 97013Seller’s market $317 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology