Hello, I am Alina Alijarlicensed real estate agent in Oregon and Washington at Living Room Realty and here’s what you need to know about the Portland real estate market in late October 2025.
It’s officially fall in peaceful Portland, OR. The leaves are a spectacular mix of orange and red. The weather is cold. There is absolutely no need for ICE in your coffee.
Portland real estate market update
This year we have seen a more balanced housing market, especially compared to the extreme sellers’ market of 2021 and 2022. This month’s inventory is slightly higher than the rest of the year at 3.8. This means that if there were no new homes listed and homes were purchased at the current rate, it would take 3.8 months for all currently listed properties to be purchased. In practice, this means that buyers usually get a little more time to think and space to negotiate repairs and concessions.
However, I still wouldn’t call this a buyer’s market. Of all transactions pending at Living Room last week, more than half competed with multiple offers.
The average price of new listings in Portland is $599,925. And while that’s about $200,000 more than the national average, we’re still the most affordable big city on the West Coast. Seattle’s costs $974,450 and California’s four largest cities cost more than $1.2 million.
Make a move
Portland remains an incredibly desirable place to live. This year I have also seen an increase in the number of people moving here to protect themselves and their families from a rise in anti-science and hate-based legislation in other parts of the country. For many, moving to Portland isn’t just a financial decision, it’s a deeply personal decision. They look for a place where their families can feel safe, where individuality is celebrated and where community still means something. That sense of connection continues to help Portland stand out in a rapidly changing world.
So if you’re ready to make a move, call us today. We are happy to help you find your next living room.
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