Is Portland, TX 78374 a buyer’s or seller’s market?
Portland is a seller’s market. With about 3.9 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 23% of U.S. ZIP codes, and #347 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Portland housing market right now
In the three months ending August 31, 2026, 10% of homes in Portland, TX 78374 sold above their list price, the typical home went under contract in 72 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (46 days then) and the median sale price fell 1% to $285,376. Overall, Portland is less competitive than a year ago, which gives buyers more room.
Within San Patricio County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Portland ranks #347 of 868 TX ZIP codes with enough sales (score 28 out of 100).
Nearby, buyers who want less competition could look at Aransas Pass 78336 (6% sold over asking) or Sinton 78387 (6% sold over asking), while Taft 78390 (25% sold over asking) and Mathis 78368 (20% sold over asking) are even more competitive.
Run the numbers for 78374
Nearby markets
Aransas Pass 78336Buyer’s market $183 /sq ftGregory 78359 — /sq ftIngleside 78362Buyer’s market $164 /sq ftMathis 78368Buyer’s market $137 /sq ft Browse all markets →Towns like Portland nearby
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Questions about Portland real estate
Is Portland a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Portland, TX 78374 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Portland?
The typical home went under contract in 72 days in the latest three months.
Do homes in Portland sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Portland?
About 1.49% of a home’s value a year in San Patricio County, or roughly $5,960 on a $400,000 home.
What is the median home price in Portland?
The median sale price was $285,376 in the three months ending August 31, 2026, about $164 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology