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PORTLAND, OR 97201

Real Estate Market Report  ·  Multnomah County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97201

Arlington Heights · Bridlemile · Corbett (Terwillger-Lair Hill) · Council Crest · Downtown · Goose Hollow · Goose Hollow Northwest Hills · Hayhurst · Healy Heights · Hillsdale · Homestead · Marquam Hill · Multnomah Village · Northwest · Southwest · Southwest Hills · West

Market Analysis

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

The PORTLAND, OR real estate market (97201) currently shows 148 active listings, with 17 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67 days on market compared to 72 days last year.

The median listing price has risen 3.9% year-over-year, from $399,250 to $415,000.

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: 17,508  ·  Density: 3,533.6/mi²  ·  Median household income: $64,385

Typical home value: $641,383  ·  Homeownership: 28.6%

Market Overview

Active Listings
148
⇩ 5.7% vs 157 last year
Pending
17
11% pending ratio
Median Price
$415,000
⇧ 3.9% vs $399,250 last year
Average Price
$823,049
⇧ 3.7% vs $793,522 last year
Days on Market
67
⇩ 6.9% vs 72 days last year

Price Per Square Foot

Median $/sqft
$328
⇩ 9.1% vs $361/sqft last year
Median Home Size
1,322 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 148 this year vs 157 last year
  • Days on market: 67 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $415,000 (+3.9% YoY)
  • Average: $823,049 (+3.7% 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 6.5 miles — 1,235 listings ($919,165,905 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97201Portland, OR 972010.0 mi117$97,775,262$362,250$835,686
97239Portland, OR 972391.3 mi118$90,335,490$674,900$765,555
97221Portland, OR 972212.0 mi34$66,802,282$999,500$1,964,773
97227Portland, OR 972272.6 mi16$7,981,504$413,000$498,844
97202Portland, OR 972022.8 mi95$57,009,120$497,000$600,096
97210Portland, OR 972103.6 mi75$78,283,425$752,500$1,043,779
97225Portland, OR 972253.9 mi58$47,025,124$656,475$810,778
97206Portland, OR 972064.8 mi145$66,344,025$427,000$457,545
97005Beaverton, OR 970055.7 mi35$14,952,525$447,450$427,215
97222Portland, OR 972225.8 mi81$41,947,065$417,500$517,865
97223Portland, OR 972236.4 mi119$77,339,409$579,925$649,911
97218Portland, OR 972186.4 mi39$17,170,842$392,450$440,278
97229Portland, OR 972296.5 mi303$256,199,832$798,000$845,544

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97201?

As of April 2026, there are 148 active listings in PORTLAND, OR (zip code 97201), compared to 157 the prior year.

What is the median home price in PORTLAND, OR 97201?

The median listing price in PORTLAND, OR 97201 is $415,000 as of April 2026, a 3.9% increase from $399,250 the prior year.

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

Homes in PORTLAND, OR 97201 spend an average of 67 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97201?

Based on current inventory and days-on-market data as of April 2026, PORTLAND, OR 97201 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 72 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97201 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $415,000. 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.