If you've been paying attention to the Portland metro housing market lately, you've probably noticed things feel a lot calmer than they did a few years ago — and the numbers back that up. According to Redfin, Portland home prices in early 2026 are up about 5% year-over-year, with a median sale price hovering around $525,000. Homes are still selling, but they're sitting on the market a bit longer — averaging closer to 55–80 days depending on the area, compared to the frantic 2