$10,000 Closing Credit*
$924,500
2,852 SqFt
5 Beds
•3 Full Baths
Taya Mower, Bryan Mower, Listing Office: Keller Williams Sunset Corridor
Is Forest Park, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Forest Park was a Seller's Market.
Key Takeaway
Forest Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Forest Park, OR
How much do homes in Forest Park, OR cost?
Median Sold Price
$1,100,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,050(+3.8%)
Key Takeaway
Homes in Forest Park have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Forest Park was $1,100,000 in December 2024, up 3.8% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329K | - | N/A |
| 2 Bedrooms | $332.5K | $325K | -2.3% |
| 3 Bedrooms | $973.5K | $917.5K | -5.8% |
| 4 Bedrooms | $975K | $1.1M | +13.8% |
| 5+ Bedrooms | $1.1M | $1.1M | -5.5% |
Summary: Forest Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Neighborhoods
| West-Northwest Portland | $520K | $542.5K | +4.3% |
| Forest Park | $1.0M | $1.1M | +3.8% |
Housing Supply in Forest Park, OR
How many homes are available in Forest Park, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Forest Park real estate market had 25 homes for sale in December 2024, a 7.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Forest Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Forest Park in December 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Park, OR
How long does it take to sell a home in Forest Park, OR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 61 Days | 126 Days | +106.0% |
Summary: Homes in Forest Park had an average of 126 days on market in Dec 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Forest Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 3 homes were sold in Forest Park; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.