Blog Community Estate, Market, Numbers, Portland, real, Suburbs Hey PDX April 14, 2025 0 Comments

Portland Suburbs Real Estate Market, by the Numbers

We love Portland proper, of course, but we know the hustle and bustle of life in the city limits isn’t for everyone. So our annual look at Portland-area real estate includes not only details on the nearly 100 official neighborhoods but also a pulse check of what’s happening beyond the official borders. Estacada and Happy Valley are two of the fastest-growing cities in Oregon. Ridgefield, Washington, for example, continued its rapid growth (and welcomed a Costco and will soon have its own In-N-Out Burger). And it’s just between Sherwood and Camas, the three cities with the highest percentage of households with kids. Looking for bang for your buck? Recently sold homes in Maywood Park, Wood Village, and Fairview had lower cost per square foot.

Looking for more specifics? Find the answers below.

City	Median 2024 home sale price ($)	Average 2024 home sale price ($)	Homes sold in 2024 (#)	1-year median price change 2023-24 (%)	5-year median price change 2019-24 (%)	Days on market (average)	Share of 2024 sales that were condos (%)	Short sales	Bank-owned sales	Average square feet of homes sold	Average cost per square foot ($)	Renters’ median monthly housing ($)	Population (2023)	Population (2022)	Population change by number of people, 2022 to 2023	Population change by %, 2022 to 2023	Median age	Median household income ($)	Homeownership (%)	People below federal poverty level (%)	Households with children under 18 (%)	Moved from outside county in past year (%)	Minutes by car to downtown Portland (est.)	Minutes to downtown at rush hour (est.)	Area in square miles	Parks as % of city
Battle Ground	502,000	534,032	367	-10	46	51	1	0	0	1,874	291	1,469	21,293	20,888	405	2	34	100,185	71	7	40	2	35	55	9	–
Beaverton	577,995	570,147	990	5	42	46	20	0	6	1,897	310	1,727	97,502	97,554	-52	0	38	94,279	50	10	26	8	14	25	20	9
Camas	814,000	883,895	403	11	66	43	4	0	1	2,734	327	1,900	26,779	26,387	392	1	41	140,053	78	5	43	8	26	35	15	–
Canby	524,000	498,408	185	0	41	51	1	0	1	1,851	275	1,442	18,103	18,127	-24	0	41	100,268	70	7	34	6	35	37	4	3
Cornelius	500,000	490,189	184	4	39	62	0	2	0	1,735	286	1,475	13,700	13,245	455	3	35	90,071	72	9	35	2	35	37	2	4
Estacada	515,000	505,577	155	5	51	63	0	0	2	1,992	262	–	4,878	4,619	259	6	38	82,909	84	24	33	1	45	53	2	2
Fairview	387,450	384,375	76	-5	20	50	5	1	2	1,580	243	1,530	10,627	10,515	112	1	36	71,024	46	14	24	7	20	28	4	16
Forest Grove	510,000	505,414	266	2	36	43	2	0	1	1,872	282	1,393	26,406	26,160	246	1	35	81,998	62	13	34	4	40	43	6	8
Gladstone	509,000	482,639	115	9	37	27	2	0	0	1,783	287	1,716	11,986	11,996	-10	0	45	90,395	64	13	21	3	22	31	2	10
Gresham	475,000	467,134	937	6	38	41	7	2	8	1,777	273	1,508	112,818	113,525	-707	-1	37	73,608	56	13	33	5	26	35	24	11
Happy Valley	669,975	700,934	486	2	24	67	6	0	7	2,480	287	2,025	25,572	24,381	1,191	5	40	120,324	82	7	40	9	24	35	10	9
Hillsboro	525,000	542,529	1,047	2	36	39	7	0	0	1,769	314	1,896	107,050	106,612	438	0	35	103,207	51	8	30	7	30	34	25	7
Lake Oswego	939,000	1,191,327	597	1	48	43	22	0	2	2,599	431	2,031	40,367	40,457	-90	0	47	140,441	71	3	32	10	16	17	11	9
Maywood Park	584,950	551,633	6	2	39	14	0	0	0	2,603	212	2,025	1,144	1,043	101	10	43	140,357	91	5	31	4	14	21	0	0
McMinnville	460,000	464,220	401	0	40	39	1	0	0	1,774	265	1,290	34,493	34,432	61	0	39	70,060	62	15	30	7	55	67	11	–
Milwaukie	500,000	511,474	200	2	33	30	9	0	1	1,777	308	1,499	21,256	21,195	61	0	40	82,422	60	7	27	8	14	20	5	3
Newberg	469,900	483,959	311	0	32	52	5	2	2	1,680	296	1,562	25,622	25,379	243	1	34	91,389	62	9	32	12	37	47	6	–
Oregon City	555,000	549,907	373	2	32	39	1	0	2	1,949	294	1,606	37,482	37,418	64	0	36	94,648	66	7	33	6	26	34	10	7
Portland	500,000	567,162	6,999	0	18	43	20	9	52	1,840	326	1,596	642,715	646,101	-3,386	-1	39	88,792	53	13	22	8	–	–	145	14
Ridgefield	619,900	639,761	413	14	46	69	0	0	1	2,242	288	2,324	12,576	11,486	1,090	9	35	117,550	83	6	44	12	25	45	7	–
Sandy	469,975	499,925	164	-3	40	52	1	0	1	1,892	274	1,640	12,738	12,592	146	1	39	102,201	80	8	40	8	35	60	4	8
Sauvie Island	962,500	1,034,272	10	8	83	101	0	0	0	2,786	380	1,777	2,741	2,518	223	9	54	101,827	81	6	18	4	35	42	32	2
Scappoose	460,000	464,858	97	-2	32	42	0	0	1	1,891	255	1,699	8,099	8,003	96	1	39	99,475	77	8	33	9	30	40	3	–
Sherwood	593,230	631,850	257	0	38	38	7	1	1	2,087	310	1,967	20,227	20,286	-59	0	36	110,616	74	4	45	5	30	36	4	9
St. Helens	422,500	415,424	160	6	48	47	2	0	2	1,635	271	1,269	14,152	14,015	137	1	37	82,123	63	9	38	10	40	55	6	–
Tigard	614,990	630,869	765	2	40	53	8	1	2	2,115	311	1,732	55,395	55,161	234	0	40	105,008	61	8	31	6	18	22	13	7
Troutdale	495,000	478,058	134	9	41	30	4	0	1	1,743	281	1,582	16,000	16,150	-150	-1	36	84,339	67	9	37	1	23	32	6	11
Tualatin	617,500	615,894	248	0	36	41	14	0	1	2,045	308	1,729	27,710	27,804	-94	0	38	105,073	55	9	32	10	21	23	8	7
Vancouver	475,000	530,853	1,688	1	45	35	13	3	5	1,756	311	1,632	192,696	190,700	1,996	1	38	78,156	50	11	28	8	15	26	50	–
Washougal	580,000	601,618	197	6	53	53	5	0	2	2,148	290	1,592	16,945	16,828	117	1	39	100,916	74	13	37	7	28	36	6	–
West Linn	737,450	768,851	380	-3	40	42	13	0	2	2,517	313	2,006	27,065	27,167	-102	0	43	138,526	84	5	37	8	26	32	8	12
Wilsonville	620,000	630,037	300	3	36	53	10	1	1	2,052	314	1,839	26,183	25,992	191	1	39	87,371	50	9	28	13	25	28	8	9
Wood Village	322,450	328,046	27	-13	-14	26	19	0	1	1,495	225	1,430	4,611	4,548	63	1	33	72,404	63	16	39	6	20	28	1	3

Methodology

Real Estate 2024 data from the Regional Multiple Listing Service with analysis by the Center for Spatial Analysis and Research at Portland State University’s Department of Geography. Figures were rounded for legibility. In places with very few home sales, such as Maywood Park and Sauvie Island, the year-to-year change can appear exaggerated.

People Data for all “people” columns, rent costs, and commuting from the US Census Bureau’s American Community Survey 5-Year Estimates 2019–2023, released in late 2024. The ACS data are estimates only, and accuracy varies by attribute.

Rent Costs Calculated from all renter-occupied units, estimated median rent is not adjusted for unit size or number of occupants. Figure includes estimated monthly utility costs.

Median Income The Census defines household as including “all the persons who occupy a housing unit as their usual place of residence.” Thus living situations in this estimate range from individuals to large households.

Parks Data from Metro and/or individual cities.

Minutes by Car to Downtown Google Maps estimate, based on non-rush-hour conditions, from a central point to Portland’s Pioneer Courthouse Square. Rush-hour travel time was estimated for a 9am weekday arrival.

Walk and Bike Scores Data from WalkScore.com, now a part of real estate agency Redfin. They reflect, on a scale of 1 to 100, a city’s pedestrian-friendliness based on distances to amenities such as grocery stores and other routine destinations and bike-friendliness based on distance to destinations as well as the city’s bike infrastructure, topography, and route connectivity. For cities with no collective score, a point in a central residential neighborhood was selected to determine scores.

Unavailable Data is noted with a dash (—).

*Census data for Sauvie Island includes a mainland section along Highway 30.

Real estate and other analysis by Owen Scholes and David Banis of PSU’s Center for Spatial Analysis and Research.

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