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City / Town Overview

Portland, OR

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

Market Analysis

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

The Portland, OR real estate market currently shows 4,176 active listings, with 1,215 pending sales. Homes are averaging 53.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 188 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53.5 days on market compared to 50.4 days last year.

The median listing price has fallen 5.4% year-over-year, from $597,548 to $565,197.

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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: 97202, 97204, 97206, 97207, 97208, 97209, 97214, 97216, 97218, 97220, 97221, 97222

Portland Heights: 97201

Saint Johns: 97203

Arlington Heights: 97205

Forest Park: 97210

Sunderland: 97211

Irvington: 97212

Rose City Park: 97213

Mount Tabor: 97215

Kenton: 97217

Marshall Park: 97219

Greenburg Road: 97223

West Slope: 97225

Overlook: 97227

Area Map

Market Overview

Active Listings
4,176
⇩ 4.3% vs 4,364 last year
Pending
1,215
29% pending ratio
Median Price
$565,197
⇩ 5.4% vs $597,548 last year
Average Price
$663,211
⇩ 5% vs $698,052 last year
Days on Market
53.5
⇧ 6.2% vs 50 days last year

Price Per Square Foot

Median $/sqft
$318
⇩ 2.6% vs $326/sqft last year
Median Home Size
1,781 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 %