Portland, CO is experiencing a hot housing market with a median value of $520,000, compared to the nation's median of $338,100. The one-year house appreciation in Portland is 20.57%, far exceeding the 8.27% nationwide appreciation rate. This higher appreciation rate shows that the demand for housing in Portland is especially strong and prices are continuing to rise quickly.
The median home cost in Portland is $520,000. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Portland is up 17.7%.
Average Age of Homes
- The median age of Portland real estate is 39 years old
The Rental Market in Portland
- Renters make up 6.5% of the Portland population
- 0.0% of houses and apartments in Portland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.