Year over year on a rolling three-month basis, Cathedral Park home values have moved higher while prices across Portland have inched down. The typical home value in the neighborhood is up about 10 percent, even as the broader city’s median sale price has slipped slightly compared with last year. Listing prices in Cathedral Park have risen much faster than values, pointing to stronger seller expectations.
Looking at the latest rolling three-month period through July 2026, the median list price is notably above the typical home value, and homes are selling for just under asking on average. Inventory has expanded to about four months of supply, almost double its level from a year earlier, yet still close to the citywide figure.
Buyer activity shows a mixed picture, with homes sold ticking up slightly from last year while pending sales have declined on a yearly basis. Homes are moving quickly with a median of 10 days on the market, and more than 30 percent of recent sales closed above list price, underscoring that well-priced homes can still attract strong interest. With 36 active listings but only 19 new ones entering the market in the latest period, choices are present but not abundant. Whether you are a buyer trying to navigate these shifting dynamics or a seller aiming to price strategically, Agent Pronto can connect you with a local expert agent in Cathedral Park to guide your next move.
