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FOREST GROVE, OR 97116

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FOREST GROVE, OR real estate market (97116) currently shows 107 active listings, with 43 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 62 days last year.

The median listing price has fallen 10.7% year-over-year, from $560,000 to $499,948.

Whether you are buying or selling in FOREST GROVE, 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: 29,182  ·  Density: 137.3/mi²  ·  Median household income: $80,985

Typical home value: $452,341  ·  Homeownership: 64.9%

Market Overview

Active Listings
107
⇧ 1.9% vs 105 last year
Pending
43
40% pending ratio
Median Price
$499,948
⇩ 10.7% vs $560,000 last year
Average Price
$588,912
⇩ 10.9% vs $661,088 last year
Days on Market
63
⇧ 1.6% vs 62 days last year

Price Per Square Foot

Median $/sqft
$273
⇩ 4.5% vs $286/sqft last year
Median Home Size
1,829 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 107 this year vs 105 last year
  • Days on market: 63 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $499,948 (-10.7% YoY)
  • Average: $588,912 (-10.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 959 listings ($602,155,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97116Forest Grove, OR 971160.0 mi101$60,660,297$499,925$600,597
97106Banks, OR 971065.1 mi14$12,207,650$839,950$871,975
97119Gaston, OR 971198.3 mi9$10,590,147$856,750$1,176,683
97109Buxton, OR 9710910.2 mi1$895,000$895,000$895,000
97124Hillsboro, OR 9712411.8 mi101$63,353,765$566,075$627,265
97123Hillsboro, OR 9712314.3 mi200$142,205,200$544,500$711,026
97078Beaverton, OR 9707816.5 mi65$33,306,910$513,713$512,414
97003Beaverton, OR 9700316.8 mi81$37,345,779$415,000$461,059
97007Beaverton, OR 9700718.5 mi211$129,677,013$603,250$614,583
97231Portland, OR 9723118.6 mi27$22,745,853$796,125$842,439
97005Beaverton, OR 9700519.9 mi35$14,952,525$447,450$427,215
97008Beaverton, OR 9700820.8 mi56$27,189,960$514,000$485,535
97225Portland, OR 9722521.2 mi58$47,025,124$656,475$810,778

Frequently Asked Questions

How many homes are for sale in FOREST GROVE, OR 97116?

As of March 2026, there are 107 active listings in FOREST GROVE, OR (zip code 97116), compared to 105 the prior year.

What is the median home price in FOREST GROVE, OR 97116?

The median listing price in FOREST GROVE, OR 97116 is $499,948 as of March 2026, a 10.7% decrease from $560,000 the prior year.

How long do homes stay on the market in FOREST GROVE, OR?

Homes in FOREST GROVE, OR 97116 spend an average of 63 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in FOREST GROVE, OR 97116?

Based on current inventory and days-on-market data as of March 2026, FOREST GROVE, OR 97116 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 62 days last year.

How much can I save on real estate commission in FOREST GROVE, OR?

With SELL123.com's maximum 3% commission, sellers in FOREST GROVE, OR 97116 save an estimated $9,999 compared to a typical 5% commission on the median listing price of $499,948. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.