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.
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.
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.
At a glance
Portland market snapshot
Median Home Price
$500,000
Median Rent
$1,850
Market Trend
Cooling
Cost of Living Index
119
Why Portland
What makes Portland different
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
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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