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Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97202) currently shows 116 active listings, with 45 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
The median listing price has fallen 5.9% year-over-year, from $581,000 to $547,000.
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.
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 March 2026, there are 116 active listings in PORTLAND, OR (zip code 97202), compared to 109 the prior year.
The median listing price in PORTLAND, OR 97202 is $547,000 as of March 2026, a 5.9% decrease from $581,000 the prior year.
Homes in PORTLAND, OR 97202 spend an average of 42 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97202 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97202 save an estimated $10,940 compared to a typical 5% commission on the median listing price of $547,000. 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.