Portland, OR Homes for Sale & Real EstateListings last updated 09/29/2022
Do you speak Spanish? See Casas en Venta en Portland
Do you speak Spanish? See Casas en Venta en Portland
• Population: 652,503
• Median age: 37.1
• Population per square mile: 4,375.3
• Land area: 133.43 square miles
• Number of households: 268,718
• Median household income: $71,005
• Income per capita: $41,310
Source: Latest U.S. Census data
Portland is the largest city in the state of Oregon and the second-most populous in the Pacific Northwest. Approximately 60% of Oregon’s population — more than 2.5 million people — live in the Portland metropolitan area.
The city lies in the Willamette Valley near the convergence of the mighty Columbia and Willamette rivers and at the foothills of the Tualatin Mountains. Boasting an ideal climate for growing roses, people have been referring to it as the “City of Roses” for more than a century.
Portland is also home to one of the largest commercial dry docks in the country, which has a massive influence on the local economy. The tech and business spheres are also thriving in the city, which also contribute to Portland being an attractive city to work in.
The Portland real estate market has been experiencing limited supply compared to the high demand for housing options. Of course, home prices differ depending on which part of the city one wants to settle down in. All in all, Portland homes for sale go for a median price of:
The city of Portland is made up of 95 neighborhoods across five different sectors: North, Northwest, Northeast, Southeast and Southwest.
The Bridgerton neighborhood — with its detached houses, rowhouses and houseboats — as well as the Kenton neighborhood, with its cozy homes boasting curiously decorated concrete facades, are both part of the North sector of Portland. Kenton also has its own commercial district and features a statute of Paul Bunyan, the mythological lumberjack. Hayden Island can be found at the very heart of the Columbia River. Notably, St. Johns neighborhood has been historically blue collar, and Cathedral Park is situated at the eastern end of St. Johns Bridge.
The neighborhood known as the Northwest District is part of this sector, boasting fabulous residential listings and well-known commercial opportunities like the upscale shops on NW 23rd Avenue and restaurants on NW 21st Avenue. The centrally located Goose Hollow is a more affordable and calmer alternative to downtown. Arlington Heights, which overlooks the city, is also part of this area and features the Portland Japanese Garden, the Hoyt Arboretum and the International Test Garden.
The Concordia neighborhood of the Northeast is home to Concordia University and the vibrant Alberta Arts District. Alameda is highly desirable thanks to the fantastic views it offers. The nearly 20-acre Grant Park can also be found in the neighborhood with the same name. This sector went through a significant amount of gentrification, which is especially noticeable in neighborhoods like King and Boise.
Residential neighborhoods like Brooklyn, Richmond, Laurelhurst and Sellwood-Moorland can all be found in the Southeast. Sunnyside is often referred to as the city’s “uncontested champion of eco-consciousness,” while Woodstock features houses dating to the 1880s and is one of the oldest neighborhoods in the city. Kerns is known for its abundance of lush parks, featuring the Everett Community Garden, Buckman Field and Oregon Park. Popular restaurants can also be found along 28th Avenue.
This part of the city features several predominantly residential districts, such as Bridlemile, Homestead and Maplewood. Hillsdale has a farmer’s market, while Far Southwest houses the Sylvania campus of Portland Community College. South Waterfront is a former industrial area that currently accommodates one of the country’s largest urban renovation sites.
Portland Public Schools oversees the local school system. It serves more than 49,000 students in 81 schools, making it one of the largest school districts in the Pacific Northwest. The Northwest Academy, Portland Lutheran School and Trinity Academy are just a few of the many private schools in the city.
Portland State University has the second-highest acceptance rate among Oregon’s universities, with a student body of approximately 23,000, while Oregon Health and Science University and Portland Community College can also be found in the city. Here, 92.4% of the adult population older than 25 has at least a high school diploma, and a whopping 50.4% holds a bachelor’s degree or higher.
Being a port city, it’s no wonder that a large majority of Portland inhabitants work within the trade, transportation and utilities sector. Some of the other more popular industries here include professional and business services; education and health services; government; manufacturing; and leisure and hospitality. The local government encourages several efforts and has numerous programs aimed at increasing the area’s economic prosperity.
The abundance of tech companies that can be found in the metropolitan area has resulted in Portland having its own tech cluster named Silicon Forest, which greatly contributes to the city’s economy. Large companies based in Portland include Columbia Sportswear, Daimler Truck North America, Wieden+Kennedy, Umpqua Holdings Corporation and Nike.
Portland is often cited as an environmentally aware city thanks to its great walkability, extensive public transportation options and an enthusiasm for farm-to-table food preparation. It’s also known for its progressive attitude and liberal political values, gaining status as a stronghold of counterculture and attracting people that think the same way.
Tourist attractions include lush parks, interesting galleries and many museums. Forest Park is one of the largest in the city, while Oaks Amusement Park is one of the longest-running amusement parks in the country. The Oregon Museum of Science and Industry also features cool exhibits, while the Portland Art Museum is the oldest on the West Coast. There’s also the Portland Observatory which offers fantastic views of the city.