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Data as of September 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97202) currently shows 132 active listings, with 33 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 47 days on market compared to 63 days last year.
The median listing price has fallen 7.5% year-over-year, from $597,000 to $552,425.
Population: 43,687 · Density: 2,688.6/mi² · Median household income: $94,983
Typical home value: $656,489 · Homeownership: 51.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97202 | Portland, OR 97202 | 0.0 mi | 95 | $57,009,120 | $497,000 | $600,096 |
| 97214 | Portland, OR 97214 | 2.2 mi | 41 | $26,454,184 | $639,925 | $645,224 |
| 97201 | Portland, OR 97201 | 2.8 mi | 117 | $97,775,262 | $362,250 | $835,686 |
| 97222 | Portland, OR 97222 | 3.1 mi | 81 | $41,947,065 | $417,500 | $517,865 |
| 97219 | Portland, OR 97219 | 3.3 mi | 154 | $122,172,820 | $585,000 | $793,330 |
| 97209 | Portland, OR 97209 | 3.9 mi | 194 | $102,954,054 | $399,900 | $530,691 |
| 97221 | Portland, OR 97221 | 4.2 mi | 34 | $66,802,282 | $999,500 | $1,964,773 |
| 97213 | Portland, OR 97213 | 4.4 mi | 84 | $40,141,248 | $457,450 | $477,872 |
| 97216 | Portland, OR 97216 | 4.7 mi | 49 | $15,785,742 | $304,200 | $322,158 |
| 97034 | Lake Oswego, OR 97034 | 5.4 mi | 133 | $296,475,487 | $1,697,500 | $2,229,139 |
| 97035 | Lake Oswego, OR 97035 | 6.2 mi | 135 | $135,394,875 | $707,000 | $1,002,925 |
| 97220 | Portland, OR 97220 | 6.3 mi | 68 | $30,796,588 | $431,750 | $452,891 |
| 97236 | Portland, OR 97236 | 6.5 mi | 99 | $50,432,778 | $467,500 | $509,422 |
As of September 2026, there are 132 active listings in PORTLAND, OR (zip code 97202), compared to 156 the prior year.
The median listing price in PORTLAND, OR 97202 is $552,425 as of September 2026, a 7.5% decrease from $597,000 the prior year.
Homes in PORTLAND, OR 97202 spend an average of 47 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTLAND, OR 97202 is currently a Seller's Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 47 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97202 save an estimated $11,049 compared to a typical 5% commission on the median listing price of $552,425. 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.