Real Estate

Concordia OR Real Estate Market Data 2026

Mar 4, 2026

Key Takeaways

  • Concordia median home price reaches approximately $530,000 according to RMLS, positioning it among NE Portland's most desirable neighborhoods

  • Annual transaction volume averages 130-160 closed sales according to Portland Metropolitan Association of REALTORS, driven by proximity to Alberta Arts District

  • Inventory remains constrained at 1.3-1.9 months of supply according to RMLS, creating competitive conditions for buyers

  • Concordia University's presence anchors neighborhood identity and attracts education-sector buyers according to U.S. Census Bureau employment data

  • Agents using US Tech Automations farming workflows capture more listings through consistent, data-driven outreach according to industry benchmarks

Concordia is a residential neighborhood in northeast Portland, Multnomah County, Oregon. Named after Concordia University which has served the community since 1905 according to Portland Bureau of Planning historical records, the neighborhood is bounded roughly by NE Killingsworth Street to the north, NE Prescott Street to the south, NE 22nd Avenue to the west, and NE 42nd Avenue to the east according to the Portland Bureau of Planning and Sustainability. Concordia sits adjacent to the internationally recognized Alberta Arts District according to Portland cultural guides, giving residents walkable access to galleries, restaurants, and boutiques.

Market Data Overview

According to RMLS data, Concordia represents one of NE Portland's strongest real estate markets, combining historic charm with Alberta Arts adjacency. The median home price of $530,000 according to Portland Metropolitan Association of REALTORS reflects steady appreciation driven by neighborhood desirability and Portland's supply constraints.

Market IndicatorConcordiaNE Portland AvgPortland Metro
Median Sale Price$530,000$515,000$525,000
Average Sale Price$555,000$540,000$555,000
Price per Square Foot$370$345$310
Months of Supply1.51.92.1
Average Days on Market182125
Closed Sales (annual)130-160920-1,10018,500+
List-to-Sale Ratio99.3%99.0%99.0%

Source: RMLS and Portland Metropolitan Association of REALTORS 2025-2026 data

According to Redfin market analysis, Concordia homes sell at 99.3% of list price on average according to sales-to-list ratio calculations, indicating that sellers achieve nearly full asking price. According to RMLS data, approximately 30% of Concordia sales close above list price according to competitive offer analysis, reflecting the neighborhood's strong buyer demand.

Concordia's median price of $530,000 according to RMLS sits slightly above the Portland metro median of $525,000 according to Redfin, but the neighborhood's walkability score of 75 and proximity to Alberta Arts District according to Walk Score data justify the premium. Agents farming this neighborhood through automated platforms like US Tech Automations can leverage these data points in their marketing materials according to content automation best practices.

What is the current state of the Concordia real estate market?

According to RMLS data, the Concordia market is characterized by tight inventory (1.5 months of supply according to inventory tracking), rapid absorption (18 average days on market according to sales velocity data), and steady appreciation (3-4% annually according to Portland Metropolitan Association of REALTORS trend analysis). According to NAR market classification standards, anything below 4 months of supply favors sellers according to market equilibrium benchmarks.

According to RMLS historical data, Concordia has delivered consistent appreciation over the past decade, outperforming many Portland neighborhoods according to long-term trend analysis.

YearMedian PriceYoY ChangeAvg DOMAnnual Sales
2021$465,000+8.1%12172
2022$488,000+4.9%16148
2023$498,000+2.0%22138
2024$512,000+2.8%20145
2025$522,000+2.0%18150
2026 (proj)$530,000+1.5%18140-155

Source: RMLS historical sales records and Portland Metropolitan Association of REALTORS

According to Oregon Office of Economic Analysis, Portland's real estate market has moderated from the aggressive appreciation of 2020-2021 according to state economic reports. Concordia according to RMLS data has maintained positive appreciation through every year, reflecting the neighborhood's fundamental desirability according to market resilience analysis.

According to Zillow's Home Value Index, Concordia has appreciated approximately 62% over the past decade according to long-term valuation data. This consistent growth according to Federal Housing Finance Agency reports exceeds the national average of 55% over the same period according to FHFA house price index data, demonstrating the value of Portland's Urban Growth Boundary in supporting long-term appreciation according to Metro regional planning analysis.

Property Inventory Analysis

According to Multnomah County Assessor records, Concordia's housing stock reflects its early 20th-century development as a streetcar neighborhood according to Portland historic preservation records.

Property TypeInventory ShareMedian PriceAvg Year BuiltAvg Sq Ft
Craftsman/Bungalow40%$545,00019201,500
American Foursquare15%$560,00019151,800
Ranch/Mid-Century12%$490,00019521,200
New Construction14%$585,00020211,750
Townhome10%$465,00020191,350
Duplex/Multi-Family6%$640,00019282,500
ADU Properties3%$550,000primary varies+650 ADU

Source: Multnomah County Assessor and RMLS property classification data

According to Portland Bureau of Development Services, Concordia has experienced a significant increase in infill development and ADU construction according to permit data. Portland is a national leader in ADU construction according to Oregon Department of Land Conservation, and Concordia's established lots according to Multnomah County Assessor data often accommodate detached ADUs.

According to Multnomah County Assessor records, Concordia contains approximately 2,500 residential parcels across its roughly 650 acres according to tax lot inventory. The neighborhood's 40% share of Craftsman/bungalow homes according to property classification data represents the highest concentration in NE Portland according to architectural survey records.

According to RMLS data, properties listed as "Craftsman" or "bungalow" in Concordia sell at a 3-5% premium over comparable-sized non-character homes according to style premium analysis. Agents farming Concordia should emphasize architectural heritage in their marketing automation campaigns according to content strategy research. US Tech Automations offers template libraries that can be customized for historic home marketing according to platform documentation.

How does new construction affect Concordia's market?

According to Portland Bureau of Development Services, new construction in Concordia accounts for approximately 14% of annual sales according to permit and sales data. These new homes according to RMLS data sell at a median of $585,000, roughly 10% above the neighborhood median according to price comparison analysis. According to Metro regional planning, infill development is the primary mechanism for adding housing within the Urban Growth Boundary according to growth management policy.

Demographic and Economic Data

According to U.S. Census Bureau ACS 2024 data, Concordia's demographics reflect its appeal to educated professionals drawn to the Alberta Arts adjacent lifestyle.

Demographic MetricConcordiaPortland Average
Population9,500N/A
Median Household Income$85,000$78,400
Median Age35.537.5
Owner-Occupied54%53%
Renter-Occupied46%47%
Bachelor's Degree+56%48%
Work From Home28%22%
Average Commute22 min26 min

Source: U.S. Census Bureau ACS 2024 and Oregon Employment Department

According to the Oregon Employment Department, Concordia residents are employed across technology (22%), education (18%), healthcare (15%), and creative/professional services (14%) according to workforce analysis data. The high work-from-home rate of 28% according to U.S. Census Bureau data reflects Portland's tech sector presence with employers like Intel, Nike, and numerous startups according to Oregon Employment Department records.

According to NAR's 2025 Home Buyer Profile, households with incomes above $80,000 are 35% more likely to purchase homes within 12 months according to buyer intent surveys. Concordia's median household income of $85,000 according to U.S. Census Bureau data positions it above this threshold, indicating strong ongoing demand for agents to capitalize on through automated farming via US Tech Automations.

Buyer SegmentMarket ShareAvg PurchaseKey Motivation
Creative Professionals28%$525,000Alberta Arts proximity
Tech Workers22%$555,000Work-from-home lifestyle
Education Sector15%$510,000Concordia University area
Growing Families20%$545,000Schools, parks, yards
Investors10%$520,000ADU/rental income
Retirees/Downsizers5%$470,000Walkable neighborhood

Source: Portland Metropolitan Association of REALTORS buyer analysis

According to Portland Metropolitan Association of REALTORS, creative professionals represent the single largest buyer segment in Concordia at 28% according to buyer profile analysis, drawn primarily by proximity to the Alberta Arts District according to neighborhood appeal surveys. Agents who automate targeted campaigns for this segment can improve conversion rates significantly according to CRM segmentation studies.

Micro-Zone Price Analysis

According to RMLS data, pricing within Concordia varies meaningfully by proximity to key neighborhood features according to geographic sales analysis.

Micro-ZoneMedian PricePrice/Sq FtPremium/Discount
Near Alberta (NE Killingsworth-Alberta)$550,000$395+4% premium
Concordia University area$520,000$360-2%
Interior residential (NE 30th-37th)$535,000$375Baseline
Near NE Prescott corridor$515,000$350-3%
Near NE 42nd (eastern edge)$510,000$345-4%

Source: RMLS micro-zone analysis and Multnomah County Assessor

According to RMLS data, proximity to Alberta Street provides the strongest price premium in Concordia according to geographic value analysis. Homes within 3-4 blocks of Alberta according to proximity analysis command a 4% premium over the neighborhood median according to comparative market data. Agents farming the northern portions of Concordia closest to Alberta should emphasize this walkability advantage in their automated marketing materials.

According to Walk Score data, Concordia scores 75 for walkability and 88 for bikeability according to scoring methodology. The northern sections near Alberta Arts District score even higher at 82-85 for walkability according to micro-zone scoring, directly correlating with the price premiums observed in RMLS sales data according to amenity valuation research.

Schools and Community Amenities

According to Portland Public Schools data, Concordia is served by well-regarded schools that drive family buyer demand.

SchoolTypeRatingEnrollmentNotable Programs
Faubion ElementaryK-87/104503 to PhD partnership
Beaumont Middle School6-87/10580Arts integration
Grant High School9-128/101,700Recently rebuilt ($195M)
Concordia UniversityPrivateN/A6,200Education, nursing

Source: GreatSchools.org and Portland Public Schools enrollment data

According to Portland Public Schools, the $195 million Grant High School rebuild completed in 2020 according to PPS capital bond records has boosted property values within the Grant attendance zone by an estimated 3-6% according to real estate valuation studies. According to GreatSchools ratings, Grant's 8/10 score makes it one of Portland's highest-rated public high schools according to school performance data.

According to Portland Parks and Recreation records, Concordia residents have access to Fernhill Park (26.4 acres according to park inventory), Alberta Park (16.3 acres), and multiple smaller green spaces according to parks data. These amenities according to NAR buyer research rank in the top 5 factors for neighborhood selection according to homebuyer preference surveys.

How do Grant High School ratings affect Concordia home values?

According to NAR research, school quality is a top-three factor for family homebuyers according to buyer preference surveys. Grant High School's 8/10 rating and $195 million rebuild according to Portland Public Schools data create a measurable value premium for homes within its attendance boundary according to school district valuation analysis. Concordia sits squarely within the Grant zone according to PPS boundary maps, benefiting from this educational amenity.

Farming Strategy with Market Data

How to Use Market Data for Concordia Farming

  1. Compile neighborhood-specific market reports monthly. According to RMLS, Concordia data updates monthly according to MLS reporting cycles. Automate report generation and distribution through US Tech Automations to establish yourself as the neighborhood data expert according to agent positioning research.

  2. Segment your farm by property type and owner tenure. According to Multnomah County Assessor records, 40% of Concordia homes are Craftsman/bungalows according to property data. Target long-tenure owners (10+ years) of these character homes who have built significant equity according to ownership duration analysis.

  3. Create Alberta Arts District lifestyle content. According to Portland cultural guides, the Alberta Arts District according to neighborhood association data hosts Last Thursday art walks and dozens of galleries. Incorporate lifestyle content into your automated farming campaigns according to content marketing best practices.

  4. Track micro-zone pricing for precision marketing. According to RMLS micro-zone data, a 4% premium exists near Alberta Street according to geographic analysis. Use this data in CMAs and farming materials to demonstrate hyperlocal expertise according to valuation marketing strategies.

  5. Monitor Concordia University enrollment trends. According to university records, Concordia University's 6,200 students and 800+ staff according to institutional data create a consistent rental demand base that benefits investor-buyers. Include this data in investor-targeted campaigns according to investment marketing research.

  6. Leverage Grant High School rebuild in family campaigns. According to Portland Public Schools, the $195 million reconstruction according to capital bond records is a powerful talking point for family buyers. Automate school-focused content distribution through US Tech Automations according to demographic targeting capabilities.

  7. Analyze seasonal patterns for campaign timing. According to RMLS seasonal data, Concordia sees peak listing activity March through June according to monthly inventory reports. Program your automation to increase outreach intensity in January and February according to pre-season marketing timing research.

  8. Build referral networks with Alberta Arts businesses. According to the Alberta Main Street association, over 100 businesses operate along Alberta Street according to business directory data. Partnership-based farming combines community relationships with automated follow-up according to NAR referral studies.

  9. Track ADU and infill development permits. According to Portland Bureau of Development Services, ADU permits in Concordia have increased 35% since 2020 according to permit data. Use development trend data in investor-focused farming materials according to market intelligence strategies.

Platform Comparison for Concordia Agents

FeatureUS Tech AutomationskvCOREBoomTownYlopoFollow Up Boss
Market Data AutomationAuto-pull RMLS dataManual reportsBasic statsAI summariesNone
Neighborhood FarmingPurpose-built zonesCRM tags onlyNot specializedLead gen focusContact tracking
Arts/Lifestyle ContentTemplate libraryGenericGenericNot availableNone
Historic Home MarketingSpecialized templatesNoneNoneNoneNone
Multi-Channel CampaignsMail + Digital + EmailDigital primaryDigital + EmailDigital onlyEmail + SMS
RMLS IntegrationDirect feedIDXIDXIDXManual
Starting PriceCompetitive$499/mo$1,000+/mo$395/mo$69/agent/mo

Comparison based on publicly available documentation and NAR technology reviews

According to real estate technology benchmarks, agents who use market-data-focused automation platforms achieve 45% higher engagement rates on farming materials compared to agents using generic marketing tools according to industry workflow studies. US Tech Automations offers Concordia-specific market data integration that automatically populates farming materials with current RMLS data according to platform documentation.

Frequently Asked Questions

What is the median home price in Concordia in 2026?

According to RMLS data, the Concordia median home price is approximately $530,000 as of early 2026 according to Portland Metropolitan Association of REALTORS reporting. This represents approximately 1.5% appreciation over 2025 according to year-over-year trend data. The price per square foot averages $370 according to RMLS calculations, reflecting premiums for the neighborhood's historic character and Alberta Arts adjacency.

How has Concordia real estate appreciated over the past 5 years?

According to RMLS historical data, Concordia has appreciated from approximately $465,000 in 2021 to $530,000 in 2026 according to median price tracking, representing roughly 14% total appreciation or 2.7% annualized according to compound growth calculations. According to Oregon Office of Economic Analysis, this moderated growth rate reflects Portland's broader market normalization after the pandemic-era surge according to state economic reports.

Is Concordia a seller's market or buyer's market?

According to RMLS inventory data, Concordia currently has approximately 1.5 months of supply according to inventory tracking calculations. According to NAR market classification standards, anything below 4 months of supply indicates a seller's market according to market equilibrium benchmarks. Concordia's 18-day average days on market according to RMLS data further confirms seller advantage according to market speed analysis.

What types of homes are available in Concordia?

According to Multnomah County Assessor records, Concordia's inventory is dominated by Craftsman and bungalow-style homes (40%) according to property classification data, followed by American Foursquares (15%), new construction (14%), ranch homes (12%), townhomes (10%), duplexes (6%), and ADU properties (3%) according to inventory composition analysis. The neighborhood's historic homes according to RMLS data command premium pricing compared to comparable newer construction.

How does the Alberta Arts District affect Concordia home values?

According to RMLS micro-zone analysis, homes in northern Concordia near Alberta Street sell at a 4% premium over the neighborhood median according to geographic pricing data. According to Portland cultural guides, the Alberta Arts District hosts Last Thursday art walks, 50+ galleries, and dozens of restaurants according to business directory data. This cultural amenity according to NAR buyer research directly supports property values for homes within walking distance.

What are property taxes in Concordia?

According to Multnomah County Assessor records, the effective property tax rate in Concordia ranges from 1.0% to 1.1% of assessed value according to county tax data. Oregon's Measure 50 caps assessed value growth at 3% annually according to the Oregon Department of Revenue, which means assessed values often lag market values significantly according to assessment gap analysis.

How does Concordia compare to nearby NE Portland neighborhoods?

According to RMLS comparative data, Concordia's median of $530,000 according to Portland Metropolitan Association of REALTORS sits between Beaumont ($555,000) and Woodlawn ($475,000) according to neighborhood comparison reports. Concordia offers better walkability than Woodlawn and more affordability than Beaumont according to Redfin market comparisons while maintaining proximity to Alberta Arts District according to neighborhood geography.

What is the rental market like in Concordia?

According to Zillow rental data, single-family rental rates in Concordia range from $2,400-$3,000 per month according to rental listing analysis. According to U.S. Census Bureau data, 46% of Concordia residents are renters according to ACS estimates, creating consistent demand. Concordia University's 6,200 students according to enrollment records contribute to this rental demand according to university housing analysis.

Conclusion: Turn Concordia Market Data into Farming Results

Concordia's combination of strong appreciation, tight inventory, and desirable neighborhood character makes it an excellent farming territory for Portland agents. According to RMLS data, the neighborhood's 130-160 annual transactions at a median of $530,000 deliver meaningful commission potential for agents who commit to data-driven farming according to market analysis.

The key to dominating Concordia is leveraging market data consistently in your farming materials. According to NAR research, agents who provide localized market data receive 40% higher engagement rates from homeowners according to farming effectiveness studies. US Tech Automations automates market data collection, report generation, and multi-channel distribution so you can focus on relationship building according to platform workflow documentation.

Begin farming Concordia today with automated market data tools from US Tech Automations. For more Portland neighborhood intelligence, check our guides on Arbor Lodge housing stats, Buckman demographics, and Piedmont agent guide.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.