Portland, Oregon · New Homes

New homes in Portland.

Portland's Silicon Forest, anchored by Intel's massive Hillsboro campus and Nike's world headquarters in Beaverton, created a concentration of technology-manufacturing employment, differentiating the Portland metro from coastal lifestyle markets by providing a genuine high-income industrial employer base.

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New construction is most active in the Hillsboro and Beaverton corridor in Washington County, and across the river in Vancouver and Camas, Washington, with homes from $450,000 to $650,000.

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At a glance

Portland market snapshot

Median Home Price

$500,000

Median Rent

$1,850

Market Trend

Cooling

Cost of Living Index

119

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Why Portland

What makes Portland different

New Construction

New construction is most active in the Hillsboro and Beaverton corridor in Washington County, and across the river in Vancouver and Camas, Washington, with homes from $450,000 to $650,000.

Why People Move Here

Nike and Intel tech economy and Pacific Northwest outdoor lifestyle and California migration and farm-to-table culture and no Oregon sales tax

Schools

Beaverton School District and Hillsboro School District serve Silicon Forest corridor with strong STEM program performance aligned to Intel and tech employer workforce pipelines.

Top Neighborhoods

Beaverton, Hillsboro, Lake Oswego, Tigard, Tualatin, Gresham, Vancouver WA, and Camas WA

Major Employers

Nike world headquarters in Beaverton employing over 12,000 and Intel semiconductor manufacturing campus in Hillsboro, Oregon Health, Science University, and Amazon operations and Precision Castparts aerospace

Local life

Life in Portland

Schools

Portland SD 1J serves the area — 86 schools, 44,740 students enrolled, per the U.S. Department of Education's Common Core of Data.

Who's building

Top builders active in Portland

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Common questions

Portland FAQ

Is Portland a good place to buy a home?

Portland offers Silicon Forest tech employment from Nike, Intel, and Pacific Northwest lifestyle access and cooling market with more buyer-friendly conditions than 2,020-2,022.

What is the median home price in Portland?

The median home price in Portland is approximately $500,000 with Washington County suburbs near Intel campus at slightly lower points than inner Portland.

Which Portland suburbs have the most new construction?

Hillsboro and Beaverton on Oregon side and Vancouver and Camas on Washington side lead Portland metro in new construction activity.

Is Portland good for real estate investors?

Portland offers strong rental demand from Intel and Nike employees and OHSU medical workers and large university population, though regulations require review.

What is driving Portland housing demand?

Intel semiconductor manufacturing and Nike headquarters and Oregon Health Science University and Amazon operations and California migration drive Portland housing demand.

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