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City / Town Overview

Portland, OR

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Portland, OR real estate market currently shows 3,288 active listings, with 1,033 pending sales. Homes are averaging 51.1 days on the market before going under contract.

Inventory has increased compared to last year, with 129 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51.1 days on market compared to 53.1 days last year.

The median listing price has fallen 6.4% year-over-year, from $568,387 to $532,076.

Whether you are buying or selling in Portland, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 934,313  ·  Density: 2,193.5/mi²  ·  Median household income: $92,103

Typical home value: $551,688  ·  Homeownership: 57.7%

Included Areas

Portland: 97201, 97202, 97203, 97204, 97207, 97208, 97209, 97210, 97211, 97212, 97214, 97215

Downtown: 97250, 97252

Arlington Heights: 97205

Mount Scott-Arleta: 97206

Rose City Park: 97213

Hazelwood: 97216

Hector Campbell: 97222

Wilkes: 97230

Centennial: 97233

Hosford-Abernethy: 97240

Eastmoreland: 97242

Old Town: 97251

Area Map

Market Overview

Active Listings
3,288
⇧ 4.1% vs 3,159 last year
Pending
1,033
31% pending ratio
Median Price
$532,076
⇩ 6.4% vs $568,387 last year
Average Price
$633,931
⇩ 6.4% vs $677,536 last year
Days on Market
51.1
⇩ 3.8% vs 53 days last year

Price Per Square Foot

Median $/sqft
$325
⇩ 3.1% vs $336/sqft last year
Median Home Size
1,657 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %