Corbett Housing Market Snapshot – 2025

Corbett recorded a small but distinctive housing market during 2025, characterized by acreage properties, detached-home dominance, and limited sales activity. Affordability remained challenging relative to area incomes, though both detached and manufactured homes produced some affordable ownership opportunities for households earning the Portland Region’s median family income.

About This Snapshot

This snapshot summarizes residential sales occurring within the Corbett postal market area during calendar year 2025 (with some comparisons to calendar year 2024). Corbett is an unincorporated community, so the analysis is organized around properties using a Corbett mailing address rather than municipal boundaries. Included property types are detached homes, attached homes, condominiums, and manufactured homes on owned land. Data are sourced from RMLS and have undergone a rigorous cleaning and validation process. Manufactured homes located in leased-space parks are not included. For additional information regarding data cleaning procedures and common MLS data challenges, see the dedicated page: RMLS Data Accuracy Challenges.

Tables in this snapshot cover important metrics such as:

  • Sales price to original list price: SP/OLP
  • Price per square foot (total square footage): PPSF (TSF)
  • Cumulative days on market: CDOM
  • Average lot size in acres: ac

Market Overview

Corbett is an unincorporated rural community located in eastern Multnomah County along the Columbia River Gorge. Situated roughly 20 miles east of downtown Portland, the area provides access to employment centers throughout the metropolitan region while maintaining a distinctly rural character shaped by larger parcels, agricultural land, and low-density residential development. With a population of approximately 3,947 residents, Corbett supports a relatively small housing market compared with many communities in the Portland metropolitan area.

Corbett’s housing market is shaped by a combination of geographic constraints and large land holdings that distinguish it from more urbanized areas of the region. Much of the community lies within the Columbia River Gorge National Scenic Area, where land-use regulations influence development patterns and help preserve the area’s rural character. As a result, residential sales often involve acreage properties, and housing activity remains relatively limited from year to year.

Corbett Residential Market Snapshot

The following table summarizes residential sales occurring with a Corbett postal city address during calendar year 2025. Included property types are detached homes, attached homes, condominiums, and manufactured homes on owned land. Together, these four segments provide a high-level overview of Corbett’s owner-occupied residential market.

CategoryDetachedAttachedCondoManuf.
$ Volume$17,030,310$0$0$1,565,000
Avg Price$709,596——$521,667
Avg PPSF (Total SF)$315.23——$399.95
Avg Total SF2,370——1,315
Avg Lot (ac)6.61——11.17
Avg Age (Yrs)56.29——34.00
Avg CDOM86.88——162.00
# of Sales24003
% of Market88.89%0.00%0.00%11.11%
Highest Sale$1,175,000——$600,000
Lowest Sale$333,000——$470,000
# Affordable3——2
% Affordable12.50%——66.67%
Corbett Market
January 2025 – December 2025 (27 total residential sales).
Data: RMLS | PortlandAppraisalBlog.com

Corbett’s residential market was dominated by detached homes during 2025. Detached properties accounted for 24 of the 27 residential sales recorded during the year and generated more than 91% of total residential dollar volume. The prevalence of detached housing reflects the community’s rural character, where larger parcels and lower-density development patterns are common.

Manufactured homes represented the only other residential segment with recorded sales activity, accounting for 3 transactions. No attached-home or condominium sales were reported during 2025, reinforcing the market’s overwhelming concentration in detached and manufactured housing. Compared with more urbanized communities, Corbett offers relatively few alternative ownership formats, with most residential activity centered on site-built homes and manufactured homes on owned land.

Detached Homes

Detached homes represent the largest and most active residential housing segment in Corbett. Because detached properties accounted for nearly 9 out of 10 sales during 2025, this segment provides the clearest view of local market conditions.

Detached Homes Market Statistics

The following table compares detached-home sales activity occurring within Corbett during 2024 and 2025. Metrics include the number of sales, total dollar volume, pricing, property characteristics, marketing times, and affordability.

Category20242025Change
Total $ Volume$18,596,350$17,030,310-8.42%
Average Price$774,848$709,596-8.42%
Median Price$696,500$668,400-4.03%
Avg SP/OLP95.31%93.77%-1.54 pts
Avg PPSF (TSF)$347.27$315.23-9.23%
# in HOA00No Change
Avg HOA Dues——N/A
Avg Total SF2,3742,370-0.16%
Avg Lot Size (ac)7.366.61-10.09%
Avg Age (Yrs)52.8356.29+3.46 years
Avg CDOM99.8886.88-13 days
Total # of Sales2424No Change
# of New Constr.00No Change
# Affordable13+2 homes
% Affordable4.17%12.50%+8.33 pts
Corbett Market
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Detached-home sales activity remained remarkably stable during 2025, with 24 sales occurring in both 2024 and 2025. Total dollar volume, average price, and median price all declined modestly year-over-year, while average home size remained essentially unchanged at approximately 2,370 square feet. Average lot size declined 10.1% year-over-year, reflecting a smaller number of large-acreage sales in 2025, which contributed to the lower pricing observed during the year.

Homes generally sold more quickly during 2025, with average cumulative days on market declining from 99.9 days to 86.9 days. No new-construction detached-home sales were reported in either year, reinforcing the market’s reliance on existing housing stock. Affordability also improved modestly, with the number of detached-home sales meeting the affordability criteria used in this study increasing from 1 sale in 2024 to 3 sales in 2025.

Detached Homes Water & Wastewater Infrastructure

Water supply and wastewater disposal can be important considerations in rural housing markets. The following tables summarize the primary water and wastewater systems reported for detached-home sales occurring within Corbett during 2025.

Water Type# of Sales
Well6
Public Water17
Shared Well1
Grand Total24
Note: Water type is as reported by agents.
Corbett Market
Single-Family Detached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

Despite Corbett’s rural character, public water service was more common than private wells among detached-home sales occurring during 2025. Nearly 71% of sales reported public water service, compared with 25% of sales utilizing private wells and 1 sale relying on a shared well. The prevalence of public water reflects the presence of the Corbett Water District, which serves much of the community despite its largely rural development pattern.

Sewer Type# of Sales
Cesspool1
Septic23
Total24

Wastewater systems were considerably less varied than water sources. Septic systems were reported for 95.8% of detached-home sales occurring during 2025, while no sales reported public sewer service. This reflects the area’s rural development pattern and reliance on on-site wastewater disposal systems.

Detached Homes Required Income & Affordability

The following represents affordability and required income findings for detached homes during 2025 under the Portland Appraisal Blog Affordability Index (PABAI) framework.

MetricValue
Total Sales (Detached)24
# of Affordable Sales3
% Affordable12.50%
Minimum Required Income$84,710
Average Required Income$183,439
Median Required Income$173,422
Maximum Required Income$304,738
Affordable homes determined using PABAI.
Corbett Market
Single-Family Detached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

How affordability is defined: The Portland Appraisal Blog Affordability Index (PABAI) was used to evaluate affordability during the study period. PABAI calculates the income needed to buy each home using its actual reported price, taxes, HOA dues, and an insurance estimate, financed at the Freddie Mac 30-year rate in effect at the time of sale. A home is considered affordable if the required income does not exceed the HUD median family income for the Portland-Vancouver-Hillsboro MSA in effect at the time of sale.

Most detached-home sales remained out of reach for median-income households, with 87.5% classified as unaffordable under the affordability criteria used in this study. Even so, 3 detached-home sales met the affordability threshold in 2025, indicating that ownership opportunities existed within the market for households earning the Portland area’s median family income.

The income required to purchase a detached home in Corbett generally exceeded regional affordability benchmarks. The median required income was $173,422, while the average required income was over $183,000. By comparison, the HUD median family income in effect for most of 2025 was $124,100, nearly $60,000 below the average income required to purchase a detached home. Corbett’s land-intensive housing stock contributed to higher ownership costs than are typically found in many more densely developed communities.

Manufactured Homes

Manufactured homes represent a small but important component of Corbett’s housing market. While only a few manufactured-home sales occurred during 2025, the segment provides an alternative ownership option within a community where detached homes on acreage dominate residential activity.

Manufactured Homes Market Statistics

The following table compares manufactured-home sales activity occurring within Corbett during 2024 and 2025. Metrics include the number of sales, total dollar volume, pricing, property characteristics, marketing times, and affordability.

Category20242025Change
Total $ Volume$2,165,500$1,565,000-27.73%
Average Price$541,375$521,667-3.64%
Median Price$543,250$495,000-8.88%
Avg SP/OLP96.21%96.51%+0.30 pts
Avg PPSF (TSF)$295.94$399.95+35.14%
# in HOA00No Change
Avg HOA Dues——N/A
Avg Total SF1,8611,315-29.35%
Avg Lot Size (ac)6.5311.17+71.17%
Avg Age (Yrs)35.7534.00-1.75 years
Avg CDOM87.50162.00+74.50 days
Total # of Sales43-1 home
# of New Constr.00No Change
# Affordable12+ 1 home
% Affordable25.00%66.67%+41.67 pts
Corbett Market
Single-Family Manufactured Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Only 3 manufactured-home sales occurred in Corbett during 2025, compared with 4 sales during 2024. As a result, year-over-year changes should be interpreted cautiously, as individual transactions can meaningfully influence segment statistics.

Despite the limited number of sales, manufactured homes remained an important source of affordable ownership opportunities within the community. Two of the 3 sales met the affordability criteria used in this study, nearly matching the number of affordable detached-home sales despite representing a much smaller share of total market activity. Manufactured homes also provided access to larger parcels at a lower price point than is typically available within the detached-home segment.

Key Takeaways

Corbett’s housing market remains distinct from many communities in the Portland metropolitan area due to its rural setting, larger parcel sizes, and limited housing inventory. Residential activity was overwhelmingly concentrated in detached homes, and the nearly universal acreage parcels contributed to higher home prices and required incomes than are typically found in more densely developed communities.

This made affordability challenging for households earning the Portland area’s median family income. Even so, affordable ownership opportunities were not entirely absent. Both detached and manufactured homes produced a total of 5 affordable sales during 2025, with manufactured homes playing an especially important role in providing lower-cost ownership opportunities despite representing only a small share of total market activity. Manufactured homes accounted for 40% of all affordable sales recorded during the year.

Corbett’s utility data also revealed an interesting combination of rural and developed infrastructure, with public water serving most detached-home sales despite septic systems remaining nearly universal.

Sources & Further Reading

All data presented in this housing market snapshot is sourced directly from RMLS and has been subjected to a rigorous cleaning and validation process to ensure reliability for single-family residential analysis for the Corbett market. The trends, comparisons, and commentary are the result of original appraisal expertise and independent analysis—not aggregated from secondary sources or news summaries.

Coda

Thanks for reading—I hope you found a useful insight or an unexpected nugget along the way. If you enjoyed the post, please consider subscribing for future updates.

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Corbett or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainer • mortgage rate series • full author bio

City of Fairview Housing Market Snapshot – 2025

Fairview’s housing market generated approximately $32 million in residential sales dollar volume during 2025 across 66 transactions. Detached homes dominated activity, while attached homes provided a meaningful lower-cost ownership alternative. Required-income analysis suggests Fairview remained a predominantly middle-market community offering housing opportunities more attainable than many higher-priced cities in the Portland Region.

About This Snapshot

This snapshot summarizes residential sales occurring within the official City of Fairview limits during calendar year 2025 (with some comparisons to calendar year 2024). Included property types are detached homes, attached homes, condominiums, and manufactured homes on owned land. Data are sourced from RMLS and have undergone a rigorous cleaning and validation process. Manufactured homes located in leased-space parks are not included. For additional information regarding data cleaning procedures and common MLS data challenges, see the dedicated page: RMLS Data Accuracy Challenges.

Tables in this snapshot cover important metrics such as:

  • Sales price to original list price: SP/OLP
  • Price per square foot (total square footage): PPSF (TSF)
  • Cumulative days on market: CDOM
  • Average lot size in acres: ac

Market Overview

Located in eastern Multnomah County, Fairview is a small city situated between Gresham and Troutdale along the Interstate 84 corridor. Despite its modest size, Fairview occupies a strategic position within the Portland metropolitan area, providing convenient access to employment centers throughout East County and the broader region while maintaining a distinct municipal identity.

Much of Fairview’s housing stock reflects development that occurred during the late 20th and early 21st centuries, resulting in a market characterized by newer subdivisions, planned residential communities, and a meaningful mix of detached and attached housing. The city also includes the Fairview Village area, a master-planned development that introduced a more compact, mixed-housing pattern than is commonly found in many surrounding suburban communities. Today, Fairview’s housing market remains relatively small, with residential activity concentrated within a city of approximately 11,000 residents.

Citywide Residential Market Snapshot

The following table summarizes residential sales occurring within official Fairview city limits during calendar year 2025. Included property types are detached homes, attached homes, condominiums, and manufactured homes on owned land. Together, these four segments provide a high-level overview of Fairview’s owner-occupied residential market.

CategoryDetachedAttachedCondoManuf.
$ Volume$25,918,684$5,502,127$0$605,000
Avg Price$528,953$366,808—$302,500
Avg PPSF (TSF)$310.75$232.36—$183.43
Avg Total SF1,7811,597—1,691
Avg Lot (ac)0.18240.0586—0.2000
Avg Age (Yrs)26.5921.47—29.00
Avg CDOM59.6197.47—63.00
# of Sales491502
% of Market74.24%22.73%0.00%3.03%
Highest Sale$1,210,000$430,000—$355,000
Lowest Sale$390,900$279,950—$250,000
# Affordable169—2
% Affordable32.65%60.00%—100.00%
City of Fairview
January 2025 – December 2025 (66 total residential sales).
Data: RMLS | PortlandAppraisalBlog.com

Fairview’s residential market generated approximately $32.0 million in residential sales volume during 2025 across 66 transactions. Detached homes accounted for the majority of activity, representing 74.2% of all residential sales and nearly 81% of total residential dollar volume. Attached homes provided a meaningful secondary segment, contributing nearly one-quarter of all transactions and more than $5.5 million in sales volume.

Although condominium units exist within Fairview, no condominium sales occurred during the study period. Manufactured homes were present but represented only a small share of overall activity. The result was a housing market largely defined by detached homes, with attached housing providing a lower-cost ownership alternative. Average sale prices ranged from approximately $302,500 for manufactured homes to $528,953 for detached homes, while affordability rates differed substantially between the two primary housing segments, with 32.7% of detached-home sales and 60.0% of attached-home sales meeting the affordability criteria used in this study.

Detached Homes

Detached homes represent the largest and most active residential housing segment in Fairview. Because detached properties accounted for nearly 3 out of 4 sales during 2025, this segment provides the clearest view of local market conditions.

Detached Homes Market Statistics

The following table compares detached-home sales activity occurring within Fairview city limits during 2024 and 2025. Metrics include the number of sales, total dollar volume, pricing, property characteristics, marketing times, and affordability.

Category20242025Change
Total $ Volume$18,439,065$25,918,684+40.56%
Average Price$512,196$528,953+3.27%
Median Price$524,950$519,000-1.13%
Avg SP/OLP97.750%97.462%-0.288 pts
Avg PPSF (TSF)$311.28$310.75-0.17%
# in HOA1327+14 homes
Avg HOA Dues$25.64$42.46+65.63%
Avg Total SF1,7121,781+4.01%
Avg Lot Size (ac)0.18930.1824-3.65%
Avg Age (Yrs)41.7526.59-15.16 years
Avg CDOM40.0059.61+19.61 days
Total # of Sales3649+13 homes
# of New Constr.210+8 homes
# Affordable1216+4 homes
% Affordable33.33%32.65%-0.68 pts
Note: The calculated average HOA dues is for sales reporting nonzero HOA dues. All other metrics use the full dataset for each year.
City of Fairview
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Detached-home activity increased noticeably during 2025, with the number of sales rising from 36 to 49 transactions and total dollar volume increasing 40.6%. Despite the stronger level of activity, pricing metrics remained relatively stable. Average sale price increased 3.3%, while the median sale price declined slightly and average price per square foot was essentially unchanged. Together, these figures suggest that detached-home sales activity expanded without a meaningful shift in overall pricing levels.

Several changes in the composition of sales help explain other movements in the data. New-construction sales increased from 2 homes in 2024 to 10 homes in 2025, contributing to a younger average age of sale and a higher share of homes located within HOA-governed communities. Average home size increased from 1,712 SF to 1,781 SF, while cumulative days on market lengthened from 40 days to nearly 60 days. Some of the increase in marketing time was influenced by homes that sold while still under construction. Affordability remained largely unchanged, with 32.7% of detached-home sales meeting the affordability criteria used in this study.

Detached Homes Sales by Price Range

The following table summarizes detached-home sales occurring within Fairview city limits during 2025 by price range. In addition to the number of sales, the table highlights the average price, typical size, construction era, and typical lot size within each price band.

Price RangeSalesAvg Close PriceAvg Total SFAvg Year BuiltAvg Acres
<350K0————
350K – 399K1$390,9001,54620020.1000
400K – 449K11$430,0261,70419760.1636
450K – 499K11$462,4821,41020070.1406
500K – 549K15$530,8131,70920110.1360
550K – 599K2$561,0001,86020000.1550
600K – 649K4$605,0002,28519870.4700
650K – 699K1$660,0002,65319990.1100
700K – 749K1$700,0002,18519970.3000
750K – 799K1$760,0001,99419980.3100
800K – 849K0————
850K – 899K1$876,0002,59020000.3000
900K – 949K0————
≥ 950K1$1,210,0003,54319990.2400
Total/Avg49$528,9531,78119980.1824
Note: The Total/Avg row reports total sales and all other columns represent averages for the study period.
City of Fairview
Single-Family Detached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

Detached-home activity was concentrated within a relatively narrow price range during 2025. The $400,000–$549,999 range accounted for 37 of 49 sales, or approximately 75.5% of all detached-home transactions. This concentration suggests a market centered around middle-price housing rather than a broad distribution of sales across all price levels.

The table also highlights differences in housing characteristics across price ranges. Homes in the market’s core price bands generally ranged from approximately 1,400–1,700 SF and were built between the late 1970s and early 2010s. Notably, all 10 new-construction sales identified within the dataset occurred within the $450,000–$549,999 range, helping explain the younger average construction years observed in those bands. Sales above $600,000 became increasingly sparse, with only 9 transactions occurring above that threshold and just 1 sale exceeding $1 million. Together, these patterns suggest that Fairview’s detached-home market remained largely oriented toward middle-market housing during 2025.

Detached Homes Required Income & Affordability

The following represents affordability and required income findings for detached homes during 2025 under the Portland Appraisal Blog Affordability Index (PABAI) framework.

MetricValue
Total Sales (Detached)49
# of Affordable Sales16
% Affordable32.65%
Minimum Required Income$106,734
Average Required Income$142,202
Median Required Income$135,712
Maximum Required Income$335,290
Affordability overview, Fairview city limits. Affordable homes determined using PABAI.
Single-Family Detached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

How affordability is defined: The Portland Appraisal Blog Affordability Index (PABAI) was used to evaluate affordability during the study period. PABAI calculates the income needed to buy each home using its actual reported price, taxes, HOA dues, and an insurance estimate, financed at the Freddie Mac 30-year rate in effect at the time of sale. A home is considered affordable if the required income does not exceed the HUD median family income for the Portland-Vancouver-Hillsboro MSA in effect at the time of sale.

Detached-home purchases in Fairview generally required a household income well into six figures during 2025. The minimum required income among recorded sales was $106,734, while the median detached-home purchase required approximately $135,712 in household income under the PABAI framework. Although this exceeded the HUD Median Family Income thresholds in effect during 2025, the gap was not substantial, reflecting a market that remained relatively attainable compared with many higher-priced communities within the Portland metropolitan area.

Affordability results further support this conclusion. Approximately 32.7% of detached-home sales met the affordability criteria used in this study, indicating that nearly 1 out of every 3 detached homes sold remained accessible to households earning at or below the applicable HUD Median Family Income. At the upper end of the market, the highest required income was approximately $335,290, reflecting the limited presence of luxury housing within Fairview during 2025.

Attached Homes

Attached homes represented 22.7% of all residential sales occurring within Fairview during 2025, making them the city’s second-largest owner-occupied housing segment. While substantially smaller than the detached-home market, attached housing provided a meaningful share of local housing opportunities.

Attached Homes Market Statistics

The following table compares attached-home sales activity occurring within Fairview city limits during 2024 and 2025. Metrics include the number of sales, total dollar volume, pricing, property characteristics, marketing times, and affordability.

Category20242025Change
Total $ Volume$6,556,950$5,502,127-16.09%
Average Price$385,703$366,808-4.90%
Median Price$367,900$377,500+2.61%
Avg SP/OLP96.553%94.401%-2.152 pts
Avg PPSF (TSF)$234.12$232.36-0.75%
# in HOA1715-2 homes
Avg HOA Dues$310.94$409.93+31.84%
Avg Total SF1,6951,597-5.76%
Avg Lot Size (ac)0.06520.0586-10.17%
Avg Age (Yrs)23.4721.47-2 years
Avg CDOM61.4797.47+36 days
Total # of Sales1715-2 homes
# of New Constr.00No Change
# Affordable69+3 homes
% Affordable35.29%60.00%+24.71 pts
All metrics use the full dataset for each year (including HOA dues).
City of Fairview
Single-Family Attached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Attached-home activity remained relatively stable during 2025, with sales declining modestly from 17 to 15 transactions and total dollar volume decreasing 16.1%. Despite these changes, pricing metrics showed little overall movement. Median sale price increased 2.6%, while average price per square foot declined less than 1%, suggesting that the market remained relatively consistent from year to year. All attached-home sales occurred within HOA-governed communities, with average HOA dues increasing from $310.94 to $409.93 per month.

Unlike the detached-home segment, attached homes recorded no new-construction sales in either year. Average home size declined from 1,695 SF to 1,597 SF, while cumulative days on market increased from approximately 61 days to 97 days. Affordability improved substantially, with the share of affordable sales increasing from 35.3% to 60.0%.

Attached Homes Sales by Price Range

The following table summarizes attached-home sales occurring within Fairview city limits during 2025 by price range. In addition to the number of sales, the table highlights the average price, typical size, construction era, and typical lot size within each price band.

Price RangeSalesAvg Close PriceAvg Total SFAvg Year BuiltAvg Acres
<250K0————
250K – 299K1$279,9501,36920040.090
300K – 349K3$321,1671,58120040.043
350K – 399K8$375,5851,56320030.050
400K – 449K3$418,0001,78120050.086
≥ 450K0————
Total15$366,8081,59720040.0586
Note: The Total/Avg row reports total sales and all other columns represent averages for the study period.
City of Fairview
Single-Family Attached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

Attached-home sales were concentrated within a narrow price range during 2025. The $350,000–$399,999 range accounted for 8 of 15 sales, while 11 of 15 sales (73.3%) occurred between $300,000 and $399,999. No attached-home sales exceeded $450,000, reinforcing the segment’s role as a lower-priced ownership alternative within Fairview.

The housing stock was similarly uniform. Across all price ranges, the average year built ranged from 2003 to 2005, indicating that most attached-home sales involved housing constructed during a relatively narrow development period. Average home sizes generally ranged between 1,369 SF and 1,781 SF, further suggesting a market characterized by consistent housing characteristics rather than a wide variety of attached-home types.

Attached Homes Required Income & Affordability

The following represents affordability and required income findings for attached homes during 2025 under the PABAI framework.

MetricValue
Total Sales (Attached)15
# of Affordable Sales9
% Affordable60.00%
Minimum Required Income$94,451
Average Required Income$116,105
Median Required Income$115,758
Maximum Required Income$135,685
Affordability overview, Fairview city limits. Affordable homes determined using PABAI.
Single-Family Attached Residential | 2025
Data: RMLS | PortlandAppraisalBlog.com

Attached-home purchases required substantially less income than detached homes during 2025. The minimum required income among recorded sales was $94,451, while the median attached-home purchase required approximately $115,758 in household income under the PABAI framework. Notably, the highest required income observed within the segment was $135,685, only modestly above the HUD Median Family Income thresholds in effect during the study period. These findings suggest that attached homes provided a meaningful ownership option for households seeking an alternative to Fairview’s detached-home market.

Affordability improved substantially during 2025, with 60.0% of attached-home sales meeting the affordability criteria used in this study. Mortgage rates were generally more favorable during 2025 than during much of 2024, helping offset higher HOA dues. The increase in HUD Median Family Income from $116,900 to $124,100 (effective April 1st, 2025) also expanded the affordability threshold under the PABAI framework. Together, these factors contributed to a substantially larger share of attached-home sales qualifying as affordable.

Manufactured Homes

Manufactured homes represented a small portion of Fairview’s residential market during 2025, accounting for 2 of 66 residential sales and approximately 3.0% of all transactions.

Manufactured Homes Market Statistics

The following table compares manufactured-home sales activity occurring within Fairview city limits during 2024 and 2025. Metrics include the number of sales, total dollar volume, pricing, property characteristics, marketing times, and affordability.

Category20242025Change
Total $ Volume$1,983,000$605,000-69.49%
Average Price$330,500$302,500-8.47%
Median Price$341,500$302,500-11.42%
Avg SP/OLP97.130%84.783%-12.348 pts
Avg PPSF (TSF)$217.06$183.43-15.49%
# in HOA61-5 homes
Avg HOA Dues$170.83$185.00+8.29%
Median HOA Dues$175.00$185.00+5.71%
Avg Total SF1,5301,691+10.47%
Avg Lot Size (ac)0.10500.2000+90.47%
Avg Age (Yrs)26.1729.00+2.83 years
Avg CDOM26.0063.00+37 days
Total # of Sales62-4 homes
# of New Constr.00No Change
# Affordable62-4 homes
% Affordable100.00%100.00%No Change
Note: The calculated average HOA dues is for sales reporting nonzero HOA dues. All other metrics use the full dataset for each year.
City of Fairview
Single-Family Manufactured Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Only 2 manufactured-home sales occurred within Fairview during 2025, compared with 6 sales during 2024. As a result, year-over-year changes should be interpreted with caution, as individual transactions can meaningfully influence segment statistics. The two 2025 sales averaged $302,500 and 1,691 SF, with an average lot size of 0.20 acres.

Despite the limited number of transactions, manufactured homes continued to represent one of the most affordable ownership opportunities within the city. Both manufactured-home sales met the affordability criteria used in this study, resulting in a 100% affordability rate for the segment during 2025 (unchanged from 2024). While manufactured homes represented only a small share of Fairview’s overall housing activity, they provided a lower-cost ownership alternative within the local market.

Key Takeaways

Fairview’s housing market is primarily defined by detached homes, which accounted for the majority of sales activity and residential dollar volume during 2025. Unlike some smaller communities, however, Fairview also maintains a meaningful attached-home segment. Attached homes represented nearly one-quarter of all residential sales and provided a lower-cost ownership alternative within the city. Condominium units are present within Fairview, but transaction volume remains limited and no condominium sales were recorded during the study period.

Fairview’s housing stock is generally newer than that found in many older Portland-area communities. Increased new-construction activity contributed to the detached-home market during 2025, while attached-home sales were concentrated within a relatively uniform stock of early-2000s construction. Most residential activity occurred within a narrow range of prices rather than across a broad spectrum of housing types and market segments.

For households seeking access to the Portland metropolitan area, Fairview occupies an interesting middle ground between affordability and location. Required incomes for much of the city’s housing stock clustered near HUD Median Family Income thresholds, and attached homes provided a meaningful entry point for households seeking homeownership opportunities at lower price points. The city recorded relatively few high-end transactions, underscoring its predominantly middle-market housing stock while continuing to offer ownership opportunities more attainable than many higher-priced communities within the region.

Sources & Further Reading

All data presented in this housing market snapshot is sourced directly from RMLS and has been subjected to a rigorous cleaning and validation process to ensure reliability for single-family residential analysis for the City of Fairview. The trends, comparisons, and commentary are the result of original appraisal expertise and independent analysis—not aggregated from secondary sources or news summaries.

Coda

Thanks for reading—I hope you found a useful insight or an unexpected nugget along the way. If you enjoyed the post, please consider subscribing for future updates.

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Fairview or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainer • mortgage rate series • full author bio

PAB Insights: What Kind of Market Was Troutdale (2024-2025)?

What kind of housing market was Troutdale during 2024-2025? By examining 235 detached-home sales through thirteen complementary studies, a clear picture emerged: a highly concentrated stock of traditional suburban homes, substantially improved affordability in 2025, and a market that consistently rewarded sellers who aligned pricing with buyer expectations.

Troutdale’s “Gateway to the Gorge” arch welcomes visitors to the city’s historic downtown district near the western entrance to the Columbia River Gorge.
Photo: Abdur Abdul-Malik, Portland Appraisal Blog

The preceding thirteen studies examined Troutdale’s detached-home market from multiple perspectives, including affordability, financing, property characteristics, ownership costs, marketing times, and pricing outcomes. Together, they reveal a housing market defined by a highly concentrated housing stock, improving affordability, and a pricing environment that generally communicated buyer preferences quickly and clearly.

The studies focused primarily on detached homes because detached housing overwhelmingly dominated Troutdale’s residential market, accounting for more than 93% of all residential sales activity during the study period. Attached homes and condominiums remained present, but transaction volume was comparatively limited.

One of the most useful ways to understand a housing market is to understand what buyers were most likely to encounter. While individual properties varied substantially, the data repeatedly pointed toward a common housing profile.

Nearly 80% of detached-home sales occurred between 1,200 and 2,099 square feet, 94.47% were built between 1970 and 2009, 95.32% sat on lots between 0.05 and 0.30 acres, 97.02% contained three or four bedrooms, and 81.70% contained two or two-and-a-half bathrooms. Most sales also reported annual property tax obligations between $3,500 and $4,999.

Taken together, these findings reveal a market dominated by traditional suburban housing. Buyers were most likely to encounter a three- or four-bedroom home with two or two-and-a-half bathrooms, built during one of Troutdale’s major development cycles and situated on a modest suburban lot.

The studies also reveal how Troutdale’s housing stock evolved over time. Homes generally became larger as construction moved into later decades, while lot sizes tended to shrink. One particularly interesting example appeared in the bathroom analysis. Two-bathroom homes averaged 1,446 square feet, while two-and-a-half-bathroom homes averaged 1,937 square feet, a difference of nearly 500 square feet. Those 2.5-bathroom homes were also newer on average, suggesting that what appears to be a minor difference in bathroom count often represented entry into a substantially different segment of the housing stock.

The income required to access Troutdale’s detached-home market also varied considerably.

MetricValue
Total Detached Sales235
Affordable Detached Sales50
% Affordable21.28%
Min Required Income (All Detached Sales)$95,373
Median Required Income (All Detached Sales)$131,883
Max Required Income (All Detached Sales)$242,349
Detached-home affordability overview, Troutdale city limits. Affordable homes determined using PABAI.
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

These figures illustrate the range of household incomes required to purchase homes in Troutdale’s detached-home market under prevailing conditions at the time of sale. Nearly three-quarters of detached-home sales required between approximately $115,000 and $150,000 of annual household income.

Several market indicators softened modestly during 2025. Average home size declined 3.52% and average sales price declined 3.01%. These changes appear related, as somewhat smaller homes composed a larger share of sales during 2025. Activity, however, remained healthy. Detached-home sales increased from 112 to 123 transactions, total dollar volume rose 6.51%, and median marketing time remained essentially unchanged at approximately two weeks. Rather than signaling a fundamentally different market, the data suggest that 2025 was largely the same Troutdale housing market operating with a slightly different mix of homes.

Buyer Insights

The most significant buyer story was the dramatic improvement in affordability during 2025.

Affordable detached-home sales increased from 7 in 2024 to 43 in 2025, while the affordable share of the market rose from 6.25% to 34.96%. Mortgage rates appear to have been the most important factor behind this change. Principal and interest represented roughly 82% of the modeled housing payment under the Portland Appraisal Blog Affordability Index (PABAI), meaning even modest improvements in financing conditions had a meaningful impact on affordability. Smaller homes, modestly lower sales prices, slightly lower property tax burdens, and increasing HUD median family income limits also contributed.

Importantly, PABAI evaluates affordability within the context that existed when a home sold, using prevailing mortgage rates, ownership costs, and the applicable HUD median family income threshold in effect at the time of sale. Viewed through that lens, 50 detached-home sales met affordability standards during the two-year study period.

The affordability studies also revealed a surprisingly uniform affordable housing stock. Among homes classified as affordable under PABAI, increasing income up to the applicable HUD median family income threshold expanded buyer choice far more than it expanded home size. Most affordable homes remained roughly 1,400 to 1,500 square feet on approximately 0.16 acres. The more meaningful differences appeared in property condition, with homes near the upper affordability boundary more often described as updated, remodeled, or turnkey.

For households seeking access to the Columbia River Gorge while maintaining reasonable proximity to Portland, Troutdale continued to offer an attractive affordability alternative within the broader metropolitan area. Improved affordability during 2025 expanded ownership opportunities without fundamentally altering the types of homes available to buyers.

Buyers seeking to enter the Troutdale market, particularly among homes meeting affordability standards, still needed to move quickly. More than 54% of all detached-home sales found a buyer within 14 cumulative days on market, 60.43% sold within 19 days, and 29 of the 50 homes classified as affordable sold within the first 14 days. Affordable opportunities became more common, but they did not necessarily remain available for long.

Seller Insights

The CDOM and SP/OLP analyses revealed a market that generally provided feedback quickly.

The median detached-home sale closed at exactly 100% of its original asking price, while 51.49% of all sales sold at or above original list price. At the same time, homes generating the strongest SP/OLP outcomes usually sold within only a few days, while weaker pricing outcomes became increasingly associated with longer marketing periods.

The evidence from this study period suggests that sellers whose homes remained on the market beyond roughly three weeks were often receiving important feedback regarding pricing, condition, presentation, or buyer appeal. During the study period, 60.43% of sales found a buyer within 19 days, meaning properties remaining on the market substantially longer than that were no longer competing with the typical outcome observed in Troutdale.

The pricing analysis also revealed an asymmetrical risk profile. Sellers who slightly underestimated the market occasionally benefited from competitive bidding and modest premiums above asking price. Sellers who substantially overestimated the market often encountered a much larger downside through extended marketing periods and eventual price reductions. The potential reward for underpricing was modest; the potential penalty for overpricing was considerably larger.

The City of Troutdale seal, featuring the community’s long-standing connection to the Columbia River and its identity as the “Gateway to the Gorge.”
Photo: Abdur Abdul-Malik, Portland Appraisal Blog

The Big Picture

Taken together, these thirteen studies reveal a housing market characterized by remarkable consistency.

Troutdale’s detached-home market was dominated by a highly concentrated stock of traditional suburban homes built during several major development cycles spanning the 1970s through the 2000s. The market softened modestly during 2025, largely due to compositional effects, yet transaction volume increased, affordability improved substantially, and buyer demand remained strong enough that most homes continued to attract buyers relatively quickly.

For buyers, the study period demonstrated how sensitive affordability can be to financing conditions in a market clustered near the affordability threshold. For sellers, the findings highlighted the importance of pricing discipline in a market that typically communicated buyer preferences quickly and clearly.

For households seeking established suburban neighborhoods, access to the Columbia River Gorge, and reasonable proximity to Portland, Troutdale continued to occupy a distinctive position within the Portland-region housing landscape. The city offered family-friendly housing options in a market where the typical required income remained within reach of many dual-income households.

About PAB Insights

PAB Insights is a Portland Appraisal Blog (PAB) series providing concise, data-driven answers to individual housing-market questions using transaction-level research, local market knowledge, and proprietary models, such as the Portland Appraisal Blog Affordability Index (PABAI).

Sources & Further Reading

All data presented in this PAB Insight is sourced directly from RMLS and has been subjected to a rigorous cleaning and validation process to ensure reliability for detached single-family residential analysis in the six-county Portland Region. The trends, comparisons, and commentary are the result of original appraisal expertise and independent analysis—not aggregated from secondary sources or news summaries.

Coda

Thanks for reading—I hope you found a useful insight or an unexpected nugget along the way. If you enjoyed the post, please consider subscribing for future updates.

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Troutdale or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainer • mortgage rate series • full author bio

PAB Insights: How Much Property Tax Did Troutdale Homeowners Pay (2024-2025)?

Most Troutdale detached-home sales reported annual property tax obligations between $3,500 and $4,999 during 2024 and 2025. Higher tax burdens were generally associated with larger homes, newer construction, and higher sales prices, while affordability declined sharply as annual ownership costs increased.

Troutdale arch—“Gateway to the Gorge.”
Photo: Abdur Abdul-Malik, Portland Appraisal Blog

Annual property taxes are an important component of homeownership costs and directly affect housing affordability. Unlike mortgage principal and interest, property taxes are a recurring expense that generally remains payable regardless of financing structure.

Effective tax rate measures annual property taxes as a percentage of sales price. This helps normalize tax burdens across homes with different values and provides a useful point of comparison beyond the annual tax bill itself.

The table below compares annual property tax burdens and effective tax rates for detached-home sales occurring in Troutdale during 2024 and 2025.

Category20242025Change
Average Annual Taxes$4,629.97$4,481.68-$148.28
Median Annual Taxes$4,483.49$4,337.72-$145.76
Average Effective Tax Rate0.9060%0.9082%+0.0022 pts
Median Effective Tax Rate0.8988%0.9026%+0.0038 pts
Highest Annual Tax Bill$8,914.49$8,160.61-$753.88
Total # of Sales112123+11 homes
City of Troutdale Annual Taxes Comparisons
Single-Family Detached Residential | 2024 vs. 2025
Data: RMLS | PortlandAppraisalBlog.com

Annual property taxes declined modestly between the two years. Average annual taxes fell from $4,629.97 in 2024 to $4,481.68 in 2025, a decline of 3.20%. Detached homes selling during 2025 were also 3.52% smaller on average according to the Troutdale Snapshot, a likely contributor to the lower tax burden observed during the study period.

Despite the decline in annual tax bills, effective tax rates remained remarkably stable. Average effective tax rates increased only 0.0022 percentage points, while median effective tax rates increased 0.0038 percentage points. This suggests that lower tax bills were primarily associated with differences in the characteristics of homes selling during each year rather than a meaningful change in the effective tax burden relative to sales prices.

The histogram below shows the distribution of annual property tax obligations among detached-home sales occurring during the study period.

Most sales were concentrated within a relatively narrow range. The largest concentrations occurred between $3,500 and $4,999 annually, with the single dominant bracket being $4,000-$4,499 (71 sales). Relatively few homes reported annual property tax obligations below $3,500 (11) or at or above $6,000 (12). The distribution suggests that most Troutdale buyers purchased homes with annual property tax responsibilities falling near the market average.

The table below summarizes detached-home sales grouped by annual property tax range and includes sales volume, average sales price, average annual taxes, home size, construction era, acreage, and affordability.

Taxes RangeSalesAvg Close PriceAvg TaxAvg Total SFAvg Year Built# Afford.
$0 – $4990————0
$500 – $9990————0
$1,000 – $1,4990————0
$1,500 – $1,9990————0
$2,000 – $2,4991$396,060$2,4841,22819441
$2,500 – $2,9992$395,000$2,9851,40319232
$3,000 – $3,4998$423,688$3,3791,26619888
$3,500 – $3,99949$461,555$3,8241,381198618
$4,000 – $4,49971$488,158$4,2501,601198713
$4,500 – $4,99948$501,543$4,6741,80119917
$5,000 – $5,49927$527,396$5,2121,96519941
$5,500 – $5,99917$582,497$5,6672,16919970
$6,000 – $6,4996$618,131$6,2042,68120020
$6,500 – $6,9991$645,000$6,6622,58020030
$7,000 – $7,4991$720,000$7,2793,25520070
$7,500 – $7,9992$615,500$7,7812,95419990
$8,000 – $8,4991$840,000$8,1615,10019070
$8,500 – $8,9991$914,000$8,9142,99219720
$9,000 – $9,4990————0
≥ $9,5000————0
Total/ Avg235$502,664$4,5521,735198950
City of Troutdale Home Sales by Annual Taxes Brackets
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Property taxes were heavily concentrated within a relatively narrow range. A total of 168 sales, representing 71.49% of the market, reported annual property taxes between $3,500 and $4,999.

The table also reveals a strong relationship between annual property taxes, home size, and sales price. Homes with average annual taxes between $3,000 and $3,499 averaged 1,266 square feet and a $423,688 sales price. By comparison, homes with average annual taxes between $6,000 and $6,999 averaged 2,667 square feet and a $621,969 sales price. Higher annual tax burdens were generally associated with larger homes, newer construction, and higher sales prices.

The scatter plot below illustrates the relationship between annual property taxes and total living area.

A strong positive relationship is evident, with larger homes generally carrying higher property tax obligations. The trendline produces an R² of 0.6882, indicating that total living area alone explains a substantial portion of the variation in annual property taxes across the study period. The relationship is not perfect, but it is strong enough to suggest that dwelling size is one of the most important predictors of annual tax burden among detached homes in Troutdale.

Although lot size can influence property taxes in some cases, additional analysis indicated that higher tax burdens were more consistently associated with larger homes and higher-value properties than with acreage alone. Very large parcels represented only a small portion of the market and do not appear to explain the broader tax distribution.

Property taxes also played a meaningful role in housing affordability. Across the 235 detached-home sales included in this study, annual property taxes accounted for 12.09% of the estimated monthly housing obligation, on average, calculated under the Portland Appraisal Blog Affordability Index (PABAI). Among individual sales, the proportion ranged from 7.29% to 18.42%.

Affordable homes were concentrated within the lower tax ranges. Affordability became increasingly uncommon as annual taxes, sales prices, and dwelling sizes increased. In the higher tax bands, where average sales prices exceeded $500,000, relatively few homes met PABAI affordability standards for households earning the applicable HUD median family income.

Most Troutdale buyers purchased homes with annual property tax obligations between $3,500 and $4,999 during 2024-2025, while effective tax rates remained remarkably stable across the study period. Higher tax burdens were generally associated with larger homes, newer construction, and higher sales prices, making property taxes an important component of overall housing affordability and ownership costs.

Related Studies

About PAB Insights

PAB Insights is a Portland Appraisal Blog (PAB) series providing concise, data-driven answers to individual housing-market questions using transaction-level research, local market knowledge, and proprietary models, such as the Portland Appraisal Blog Affordability Index (PABAI).

Sources & Further Reading

All data presented in this PAB Insight is sourced directly from RMLS and has been subjected to a rigorous cleaning and validation process to ensure reliability for detached single-family residential analysis in the six-county Portland Region. The trends, comparisons, and commentary are the result of original appraisal expertise and independent analysis—not aggregated from secondary sources or news summaries.

Coda

Thanks for reading—I hope you found a useful insight or an unexpected nugget along the way. If you enjoyed the post, please consider subscribing for future updates.

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Troutdale or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainer • mortgage rate series • full author bio

PAB Insights: Did Troutdale Sellers Get Their Asking Price (2024-2025)?

Slightly more than half of Troutdale’s detached-home sales sold at or above their original asking prices during 2024 and 2025, while the typical home sold at exactly 100% of original list price. Homes priced in line with market expectations generally sold quickly and achieved stronger pricing outcomes, while properties remaining on the market for extended periods rarely improved upon their original pricing expectations.

Troutdale city seal—“Gateway to the Gorge.”
Photo: Abdur Abdul-Malik, Portland Appraisal Blog

Sales Price to Original List Price (SP/OLP) measures the relationship between a home’s final sales price and its original asking price. Ratios above 100% indicate a home sold for more than its original list price, while ratios below 100% indicate it sold for less.

SP/OLP can provide insight into pricing effectiveness and market response. While some homes generate strong buyer competition and sell above asking price, others require price adjustments before ultimately finding a buyer.

The table below compares SP/OLP performance for detached-home sales occurring in Troutdale during 2024 and 2025.

Category20242025Change
Average SP/OLP99.27%98.09%-1.18 pts
Median SP/OLP100.00%100.00%No Change
Highest SP/OLP109.93%106.47%-3.46 pts
Lowest SP/OLP82.55%55.00%-27.55 pts
Total # of Sales112123+11 homes
City of Troutdale Sales Price to Original List Price (SP/OLP) Comparisons
Single-Family Detached Residential | 2024 vs. 2025
Data: RMLS | PortlandAppraisalBlog.com

The typical Troutdale home sold at exactly 100% of its original asking price during both years. Average SP/OLP declined modestly from 99.27% in 2024 to 98.09% in 2025, a change that was directionally consistent with several other Troutdale market indicators, including modestly lower sales price and slightly longer marketing times during 2025.

The lowest SP/OLP sale (55%) involved an atypical mixed-use riverfront property marketed primarily for its land and development potential rather than its modest residential improvements.

The table below summarizes detached-home sales relative to original asking price.

DescriptionDefinitionCount% of Total Sales
Sold at OLPSP = OLP3514.89%
Sold Above OLPSP > OLP8636.60%
Sold Below OLPSP < OLP11448.51%
Sold at or above OLPSP ≥ OLP12151.49%
City of Troutdale Home Sales by Sales Price to Original List Price (SP/OLP) Outcomes
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

The results were remarkably balanced. A total of 121 sales, or 51.49% of the market, sold at or above original asking price, while 114 sales, or 48.51%, sold below original asking price. Additionally, 35 homes sold at exactly their original asking prices.

Taken together, these figures suggest that Troutdale sellers were generally successful at achieving their original list price. However, the narrow margin between homes selling above and below original asking price also indicates that pricing accuracy remained important. A market where 51.49% of sales achieved or exceeded original asking price and 48.51% sold below it offered relatively little margin for pricing errors.

The table below summarizes detached-home sales by SP/OLP range and includes sales volume, average sales price, home size, construction era, cumulative days on market (CDOM), and average SP/OLP for each category.

SP/OLP RangeSalesAvg Close PriceAvg Total SFAvg Year BuiltAvg CDOMAvg SP/OLP
< 82.0%2$680,0001,597194419661.40%
82.0% – 83.9%1$705,0002,778199034882.55%
84.0% – 85.9%1$585,0001,910197121484.79%
86.0% – 87.9%1$395,0001,25419926487.80%
88.0% – 89.9%5$494,4802,043199714489.03%
90.0% – 91.9%4$449,7501,62619595190.91%
92.0% – 93.9%11$474,5821,64719929493.18%
94.0% – 95.9%21$546,0521,92919926894.98%
96.0% – 97.9%34$493,8001,74919914197.09%
98.0% – 99.9%34$517,3261,87219925198.74%
100.0% – 101.9%75$503,9681,724198923100.51%
102.0% – 103.9%31$468,6451,51419849102.72%
104.0% – 105.9%6$484,2501,65419915104.86%
106.0% – 107.9%7$513,0001,63119854106.79%
108.0% – 109.9%2$460,8501,32819893109.71%
≥ 110.0%0—————
Total/ Avg235$502,6641,735198940.7498.65%
City of Troutdale Home Sales by Sales Price to Original List Price (SP/OLP) Brackets
Single-Family Detached Residential | 2024 & 2025
Data: RMLS | PortlandAppraisalBlog.com

Most sales occurred within a relatively narrow range around original asking price. A total of 174 sales, or 74.04% of the market, sold between 96.0% and 103.9% of original asking price. The largest cohort consisted of 75 sales occurring between 100.0% and 101.9% of original asking price, representing 31.91% of all detached-home sales.

The table also reveals a strong relationship between SP/OLP outcomes and marketing times. Homes achieving the strongest pricing outcomes generally sold quickly, suggesting their asking prices aligned closely with prevailing market expectations. By contrast, weaker SP/OLP outcomes were increasingly associated with extended marketing periods. Homes selling between 108.0% and 109.9% of original asking price averaged just 3 days on market, while many of the lowest SP/OLP cohorts remained exposed to the market for several months.

As discussed in the previous CDOM study, more than half of Troutdale’s detached-home sales went pending within 14 cumulative days on market. The scatter plot below examines the opposite side of that same question by comparing marketing time and pricing outcomes.

The Troutdale market appears to have been highly responsive to pricing. Homes priced in line with market expectations frequently generated immediate buyer interest and achieved stronger SP/OLP outcomes. By contrast, properties remaining on the market for extended periods rarely improved upon their original pricing expectations. Instead, many ultimately sold at increasing discounts from original asking price, reflecting clear market rejection of the seller’s initial pricing.

The relationship was also asymmetrical. Sellers who priced slightly below what the market was willing to pay sometimes benefited from competitive bidding and modest premiums above asking price. However, the potential downside associated with missing the market was substantially larger than the available upside. The scatter plot shows relatively limited gains above original asking price, while several long-marketing properties ultimately sold at significant discounts.

The typical Troutdale detached home sold at exactly 100% of original asking price during 2024-2025, demonstrating a market that was highly responsive to pricing. Homes aligned with prevailing market expectations generally sold quickly and achieved stronger outcomes, while optimistic pricing strategies often resulted in extended marketing periods and eventual capitulation.

Related Studies

About PAB Insights

PAB Insights is a Portland Appraisal Blog (PAB) series providing concise, data-driven answers to individual housing-market questions using transaction-level research, local market knowledge, and proprietary models, such as the Portland Appraisal Blog Affordability Index (PABAI).

Sources & Further Reading

All data presented in this PAB Insight is sourced directly from RMLS and has been subjected to a rigorous cleaning and validation process to ensure reliability for detached single-family residential analysis in the six-county Portland Region. The trends, comparisons, and commentary are the result of original appraisal expertise and independent analysis—not aggregated from secondary sources or news summaries.

Coda

Thanks for reading—I hope you found a useful insight or an unexpected nugget along the way. If you enjoyed the post, please consider subscribing for future updates.

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Troutdale or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainer • mortgage rate series • full author bio