Call or Text (240) SELL-123

FOREST GROVE, OR 97116

Real Estate Market Report  ·  Washington County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
92
⇩ 2.1% vs 94 last year
Pending
30
33% pending ratio
Median Price
$499,700
⇩ 18.3% vs $612,000 last year
Average Price
$589,019
⇩ 5.6% vs $623,751 last year
Days on Market
86
⇧ 4.9% vs 82 days last year

Market Context

Population: 29,182  ·  Density: 137.3/mi²  ·  Median household income: $80,985

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

Market Analysis

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

The FOREST GROVE, OR real estate market (97116) currently shows 92 active listings, with 30 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 86 days on market compared to 82 days last year.

The median listing price has fallen 18.3% year-over-year, from $612,000 to $499,700.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for FOREST GROVE, OR 97116 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 92 this year vs 94 last year
  • Days on market: 86 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $499,700 (-18.3% YoY)
  • Average: $589,019 (-5.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 883 listings ($558,919,258 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97116Forest Grove, OR 971160.0 mi92$54,189,748$499,700$589,019
97106Banks, OR 971065.1 mi16$16,220,944$949,900$1,013,809
97119Gaston, OR 971198.3 mi8$9,771,936$735,000$1,221,492
97109Buxton, OR 9710910.2 mi1$612,463$612,463$612,463
97124Hillsboro, OR 9712411.8 mi92$58,806,308$574,900$639,199
97123Hillsboro, OR 9712314.3 mi187$137,315,035$549,950$734,305
97078Beaverton, OR 9707816.5 mi58$29,126,034$513,475$502,173
97003Beaverton, OR 9700316.8 mi76$34,275,848$410,000$450,998
97007Beaverton, OR 9700718.5 mi196$121,480,996$623,500$619,801
97231Portland, OR 9723118.6 mi23$21,117,059$657,000$918,133
97005Beaverton, OR 9700519.9 mi32$14,469,344$435,000$452,167
97008Beaverton, OR 9700820.8 mi47$22,960,393$525,000$488,519
97225Portland, OR 9722521.2 mi55$38,573,150$629,000$701,330

Frequently Asked Questions

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

As of January 2026, there are 92 active listings in FOREST GROVE, OR (zip code 97116), compared to 94 the prior year.

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

The median listing price in FOREST GROVE, OR 97116 is $499,700 as of January 2026, a 18.3% decrease from $612,000 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 86 days on the market before going under contract, compared to 82 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 January 2026, FOREST GROVE, OR 97116 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 82 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 $9,994 compared to a typical 5% commission on the median listing price of $499,700. 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.