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City / Town Overview

Portland, OR

Aggregate real estate market report across all ZIPs in scope
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Portland, OR real estate market currently shows 4,029 active listings, with 919 pending sales. Homes are averaging 67.2 days on the market before going under contract.

Inventory has tightened compared to last year, with 167 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67.2 days on market compared to 69.4 days last year.

The median listing price has fallen 3.8% year-over-year, from $580,411 to $558,162.

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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
4,029
⇩ 4% vs 4,196 last year
Pending
919
23% pending ratio
Median Price
$558,162
⇩ 3.8% vs $580,411 last year
Average Price
$650,354
⇩ 3.5% vs $673,698 last year
Days on Market
67.2
⇩ 3.2% vs 69 days last year

Price Per Square Foot

Median $/sqft
$313
⇩ 2.7% vs $322/sqft last year
Median Home Size
1,789 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %