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47% of homes in Portland sold above asking price in May, 2025.

Snapshot of May real estate sales for Portland, OR

Insights on April 2025 May 2025
Houses sold 624 690
Median sold price $507,500 $548,950
Median Sold $/sqft $334 $325
Homes that sold over asking price 39% 47%
Insights on May 2024 May 2025
Houses sold 708 690
Median sold price $538,608 $548,950
Median Sold $/sqft $325 $325
Homes that sold over asking price 45% 47%

Portland, OR homes that sold the most over asking price.

$270,000 over asking (42%)

Sold
5/2/25
$920,000
  • 3
    Beds
  • 2
    Baths
  • 3,749
    Sqft

$125,000 over asking (30%)

$305,000 over asking (29%)

Sold
5/16/25
$1,350,000
  • 4
    Beds
  • 3
    Baths
  • 3,330
    Sqft

$210,425 over asking (28%)

Sold
5/12/25
$960,425
  • 3
    Beds
  • 3
    Baths
  • 2,668
    Sqft

$60,000 over asking (24%)

Sold
5/7/25
$310,000
  • 4
    Beds
  • 1
    Bath
  • 1,128
    Sqft

$210,000 over asking (24%)

Sold
5/22/25
$1,100,000
  • 4
    Beds
  • 3
    Baths
  • 2,817
    Sqft

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8% of Portland, OR homes are listed for over $1 million! 💰

May real estate sales relative to asking price in Portland, OR.

Estately success stories

Tim

“We recently purchased a house and Estately was the first to have the house on it. It was a great price point and within four days there were multiple offers including ours. We got lucky and ours was accepted. If it weren’t for this app we might have missed out on our first home.”

Tim, Estately Client

Alex

“It took a lot of patience and persistence, but we ultimately ended up with a home we love, in the lower end of our budget! We’d check for our new listings every day and tour the ones we liked immediately. We put in three offers that we didn’t quite win, but the 4th one was a charm.”

Alex, Estately Client