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Real estate in Portland’s Argay Terrace neighborhood.

Compare top Argay Terrace real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Argay Terrace real estate Market Report.

Information and statistics on the latest trends in the Argay Terrace real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$440K
-10% from Q2 '26
Median list price
$505K
-7.4% from Q2 '26
Active listings
27
+8% from Q2 '26
Homes sold
15
+15% from Q2 '26
New pendings
17
+31% from Q2 '26
New listings
20
+5.3% from Q2 '26

Quarterly Pricing Trends for Argay Terrace

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Argay Terrace Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $529K Median sale price in Oct 2021 - Dec 2021: $495K Median sale price in Jan 2022 - Mar 2022: $534K Median sale price in Apr 2022 - Jun 2022: $563K Median sale price in Jul 2022 - Sep 2022: $500K Median sale price in Oct 2022 - Dec 2022: $518K Median sale price in Jan 2023 - Mar 2023: $471K Median sale price in Apr 2023 - Jun 2023: $520K Median sale price in Jul 2023 - Sep 2023: $502K Median sale price in Oct 2023 - Dec 2023: $467K Median sale price in Jan 2024 - Mar 2024: $490K Median sale price in Apr 2024 - Jun 2024: $529K Median sale price in Jul 2024 - Sep 2024: $495K Median sale price in Oct 2024 - Dec 2024: $549K Median sale price in Jan 2025 - Mar 2025: $575K Median sale price in Apr 2025 - Jun 2025: $550K Median sale price in Jul 2025 - Sep 2025: $517K Median sale price in Oct 2025 - Dec 2025: $580K Median sale price in Jan 2026 - Mar 2026: $569K Median sale price in Apr 2026 - Jun 2026: $490K Median list price in Jul 2021 - Sep 2021: $535K Median list price in Oct 2021 - Dec 2021: $510K Median list price in Jan 2022 - Mar 2022: $528K Median list price in Apr 2022 - Jun 2022: $530K Median list price in Jul 2022 - Sep 2022: $540K Median list price in Oct 2022 - Dec 2022: $530K Median list price in Jan 2023 - Mar 2023: $475K Median list price in Apr 2023 - Jun 2023: $475K Median list price in Jul 2023 - Sep 2023: $475K Median list price in Oct 2023 - Dec 2023: $462K Median list price in Jan 2024 - Mar 2024: $535K Median list price in Apr 2024 - Jun 2024: $530K Median list price in Jul 2024 - Sep 2024: $550K Median list price in Oct 2024 - Dec 2024: $498K Median list price in Jan 2025 - Mar 2025: $510K Median list price in Apr 2025 - Jun 2025: $540K Median list price in Jul 2025 - Sep 2025: $560K Median list price in Oct 2025 - Dec 2025: $589K Median list price in Jan 2026 - Mar 2026: $567K Median list price in Apr 2026 - Jun 2026: $545K Jul 2021 - Sep 2021 Median sale price $529K Median list price $535K Oct 2021 - Dec 2021 Median sale price $495K Median list price $510K Jan 2022 - Mar 2022 Median sale price $534K Median list price $528K Apr 2022 - Jun 2022 Median sale price $563K Median list price $530K Jul 2022 - Sep 2022 Median sale price $500K Median list price $540K Oct 2022 - Dec 2022 Median sale price $518K Median list price $530K Jan 2023 - Mar 2023 Median sale price $471K Median list price $475K Apr 2023 - Jun 2023 Median sale price $520K Median list price $475K Jul 2023 - Sep 2023 Median sale price $502K Median list price $475K Oct 2023 - Dec 2023 Median sale price $467K Median list price $462K Jan 2024 - Mar 2024 Median sale price $490K Median list price $535K Apr 2024 - Jun 2024 Median sale price $529K Median list price $530K Jul 2024 - Sep 2024 Median sale price $495K Median list price $550K Oct 2024 - Dec 2024 Median sale price $549K Median list price $498K Jan 2025 - Mar 2025 Median sale price $575K Median list price $510K Apr 2025 - Jun 2025 Median sale price $550K Median list price $540K Jul 2025 - Sep 2025 Median sale price $517K Median list price $560K Oct 2025 - Dec 2025 Median sale price $580K Median list price $589K Jan 2026 - Mar 2026 Median sale price $569K Median list price $567K Apr 2026 - Jun 2026 Median sale price $490K Median list price $545K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
16
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Argay Terrace’s rolling three-month data shows a notable reset in prices compared with last year. The typical home value is down more than 20 percent year over year to about $440,000, while the median list price is down a bit more modestly. At the same time, homes sold and new listings are both running close to 20 to 30 percent higher than a year ago, signaling more movement in the market.

Inventory and demand are now more balanced but still lean toward sellers. Months of supply sits at 2.8, higher than last year yet still below Portland’s 3 months, and active listings are up nearly 18 percent year over year to 27. Buyers are taking longer to decide, with median days on market rising sharply to 26, and only about 13 percent of recent sales closing above list price, down from much higher shares seen in 2024.

Looking at recent activity, 15 homes sold and 17 went under contract in the latest rolling period, while 20 new listings came on the market, keeping options replenished for shoppers. Despite softer pricing, the average sale-to-list ratio remains tight at just under 100 percent, so sellers who price correctly are still achieving amounts close to asking. Whether you are a buyer trying to interpret these shifting conditions or a seller aiming to stand out in a cooler market, Agent Pronto can connect you with a local Argay Terrace agent who understands these trends.



Learn more about what Argay Terrace has to offer.

Argay Terrace offers residents a welcoming, walkable community with green spaces, convenient local shops, and ample opportunities to connect with neighbors.

Argay Terrace stands out from nearby east Portland neighborhoods with its tidy mid‑century streets, generous yards, and sweeping Columbia River bluff views. The area offers a quieter, residential feel than busier corridors closer to downtown Portland, yet keeps everyday needs within easy reach.

Tree‑lined blocks and a strong sense of local pride define daily life here. Neighbors gather at Argay Park for tennis, soccer, and playground time, while nearby Luuwit View Park draws visitors with its panoramic vistas and modern play areas. Families appreciate access to Portland Public Schools such as Parkrose High School and Shaver Elementary School, and the neighborhood’s proximity to Portland International Airport is a plus for frequent travelers.

Dining and errands are easy along NE Sandy Boulevard and at local favorites in the wider Portland area. Nearby Gateway Discovery Park and the Gateway Transit Center connect residents to MAX light rail, downtown, and other hubs like Gresham. Outdoor enthusiasts value quick access to I‑84 toward the Columbia River Gorge and regional recreation.

Whether you are weighing a sale in Argay Terrace or considering a move into the neighborhood, timing and preparation are essential in this evolving market. Agent Pronto can connect you with a knowledgeable local real estate agent who understands Argay Terrace and can guide both buyers and sellers through each step.

Find your Argay Terrace real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“We had such an incredible experience working with Lindsay Fiarito to purchase our beach house in Ocean Shores! She was knowledgeable, responsive, and truly went above and beyond to make the entire process feel easy and stress-free. We’re so grateful for her guidance and absolutely thrilled with our new place!”

Chris and Nina Stephens · Ocean Shores, WA

Photo of Lindsay Fiarito
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“Julie Ann Smith is absolutley fabulous! She is knowledgable and professional, and very experienced. She knows all the "ins and outs" of successful negotiations, and she knows how to foster and smooth escrow process. She worked really hard to make my offer and purchase successful, and kept my best interests at the center of everything. Julie Ann is also very kind and caring, and good at guiding a novice (like me) through the complicated process of selecting and buying a home. I give her my highest of all high recommendations, particularly for new-comers to home buying!”

Inger Stark · Portland, OR

Photo of Julie Ann Smith
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“I first met Josh about 5–6 years ago at an open house he was hosting, and we stayed in contact over the years even after my move to Florida and turning the property into a rental. From the very beginning, Josh was friendly, helpful, professional, and easy to work with. When it came time to sell, he helped me move quickly, communicated clearly and often, and kept me updated throughout the entire process. Most importantly, he helped me achieve all of my goals for the sale. I highly recommend Josh to anyone looking for a knowledgeable, reliable, and professional realtor!”

Scott Bannan · Portland, OR

Photo of Josh Kaplan
Soldera Properties, Inc.
“Gary was referred to me by family that has used him in many home purchases and he was great to work with. He had excellent knowledge of the area is was looking to buy in and we found something right away. This was my first time buying and Gary made the whole process super easy. He was always available to me anytime I need him or if I had a question about something. I would highly recommend Gary to anyone that's looking for to buy. Gary you are awesome thank you again.”

Jesse · Oregon City, OR

Photo of Gary Musgrove
Berkshire Hathaway Home Services Northwest Real Estate
“She was very patient and explained everything to me. she simplified the process for me and never showed impatience with me. Even after the deal was closed and funded she was still available for questions. Thank you, Jordan.”

Virginia Grace · Oregon City, OR

Photo of Jordan McAllister
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“Gabriela was wonderful to work with from start to finish. She is extremely knowledgeable, organized, timely, and helpful. As a first time homebuyer, she made the process less daunting and was there for me every step of the way. I will be working with Gabriela for all my future real estate needs!”

Jake Dvorak · Portland, OR

Photo of Realtor Gabriela Kandziora
Premiere Property Group
“Valerie was a perfect fit for my daughter and I. She listened carefully to our request and found a house that was just right. She helped all the way through the closing process while I was in the hospital and has also been a tremendous resource for us with our many questions.”

Normandie R. H. · Beaverton, OR

Photo of Valerie Hammack
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“Very professional,great local knowledge and has her clients best interests in mind.”

Glen Gay · Happy Valley, OR

Photo of Lizbeth Abbott
Tree City Real Estate PC
“Brooklyn Morgan went above and beyond with getting me into a great house. She was an awesome help , especially when there was something I didn't understand , she explained it so I did understand. She worked extremely hard to get us into the house we were looking for. She looked out for us as the buyer. I was super lucky to get her as real estate broker. She is literally constantly working for her clients.. I highly recommend other clients go with Brooklyn Morgan..”

Daniel Mottweiler · Gresham, OR

Photo of Brooklyn Morgan
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“Rebeccah Lee is wonderful to work with.She is very knowledgeable,and personable.The properties were all top notch that we looked at . Thanks again Beccah Lee!!!!!!!!”

Keith Tubbs · Vancouver, WA

Photo of Beccah Lee
Portland Works Real Estate
“Chuck was fantastic!!!! He helped me and my wife through all of the "sometimes stressful" process of buying a home. While I never met Chuck in person, he made me feel like he was right there the whole time always getting the info we needed in a very timely way. I would highly recommend him to anyone who wishes to purchase a home. I have bought and sold a few homes in my life, and I feel that I could trust Chuck at all times. ”

David T. · Cave Junction, OR

Photo of Chuck Wetherald
Worthland Real Estate

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Argay Terrace. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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