How do I sell my inherited home in Portland?

Selling an inherited home in Portland involves understanding the local real estate market, addressing legal and financial considerations, and following a structured process. The Bridge to Portland Group worked with trusted local Portland attorney Nathan A. Rudolph at Rudolph & Edgel, LLP to outline the high-level process for selling an inherited home.

Understanding the Portland Real Estate Market

Average Home Sales Price (Sept 2025): $616,900
Average Days on Market (Sept 2025): 62 days
Market Trend: No change in home values year-over-year

Note: Due to the higher average days on market, many active listings have experienced price reductions, highlighting the importance of competitive pricing.

Step-by-Step Guide to Selling an Inherited Home

1. Obtain Legal Ownership

Confirm ownership based on the current title of the home.
If the home is titled in a trust, consult with an attorney regarding the trust administration process.
If the home is titled in the deceased person’s name, consult with an attorney regarding the probate process.
Obtain legal ownership, with the assistance of an attorney, by recording a deed with the local recorder’s office.

Tip: Consult an estate attorney like Nathan to ensure all legal requirements are met.

2. Assess the Property’s Condition

Address structural issues or safety concerns.
Update outdated fixtures and appliances.
Enhance curb appeal through landscaping or exterior improvements.

Tip: The Bridge to Portland Group can connect you with trusted contractors for necessary updates.

3. Determine the Right Listing Price

Work with your real estate agent to conduct a comparative market analysis (CMA) based on recent sales of similar properties in the same area.
Avoid overpricing to prevent extended market time if selling quickly is a priority.

Tip: The Bridge to Portland Group’s local expertise ensures competitive pricing that maximizes value.

4. Market the Property Effectively

Hire professional photographers and home stagers.
Ensure the property is listed on Zillow, Redfin, Realtor.com, and other online platforms.
Make the home available for open houses and private showings.

Tip: A good real estate agent, like the Bridge to Portland Group, will coordinate all of this on your behalf, ensuring the listing reaches the right audience.

5. Close the Sale

Review any/all offers for price, contingencies, buyer qualifications, and proposed closing timelines before accepting the right offer.
Sign the deed and necessary documents.
Transfer funds and pay closing costs.
Hand over possession of the property.

Tip: The Bridge to Portland Group coordinates with all parties to ensure a smooth closing.

Estate Planning Tips for Future Generations

If you are a homeowner, it’s wise to get your affairs in order early so that the inheriting party can move forward with the sale of the home smoothly, if they choose to do so.

Establish a Living Trust: Helps avoid probate and simplifies asset transfer.
Update Beneficiary Designations Regularly: Keep designations current on accounts and life insurance policies.
Consult an Estate Planner: Professional advice ensures a comprehensive, tailored plan.

Conclusion

Selling an inherited home in Portland requires careful planning and execution. By understanding the local market, addressing legal and financial considerations, and following a structured process, you can achieve a successful sale. Partnering with experts ensures you’ll have guidance every step of the way.

Nathan A. Rudolph practices in a variety of areas including estate planning, probate, trust administration, guardianships and conservatorships, civil litigation, and business transactions and real estate. He earned his B.A. at Chapman University and his Juris Doctorate at the University of Denver College of Law and is a member of the Oregon State Bar Association (Estate Planning and Administration Section; Elder Law Section; Litigation Section; Taxation Section), Washington State Bar Association, and the Multnomah Bar Association.

Contact Nathan and the Bridge to Portland Group today to schedule a personalized consultation and receive expert guidance on selling your inherited home in Portland.

How to Sell a Home in Portland After Inheriting It (Estate Planning Tips)