We're home to food trucks, breweries, and Voodoo Donuts, with an eco-friendly, laid-back vibe in this nature-loving city.

21,900

Jobs Created
1.8%

$75,739

Median Household Income
5.3%

15,802

Total Housing Permits
2.2%

291

Total Number of Projects
19.8%

$492,034

SFD New Home List Price
-3.4%

0

New Home Sales
23.2%
Monthly

Market Health

Portland s population is 2.5M, with a total workforce of 1.2M. The labor market grew by 21,900 jobs over the past year, up by 1.8%. The median household income in Portland is $75,739, 5.3% higher than last year and 19.9% above the national average of $63,179.
In the housing market, total permits issued totaled 15,802 over the last twelve months, up 2.2% year-over-year. Portland has 291 active new home projects on the market, 19.8% more than the 243 from last year. The average list price in the market is $492,034, 3.4% lower than last year and 64.3% above the national average. Over the last three months, new home contracts increased by 23.2% to 1,089. Vancouver and Portland had the highest concentration of the new home contracts in the Portland market.

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Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President


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