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Saint Johns

PORTLAND, OR 97203

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

Market Overview

Active Listings
102
⇧ 4.1% vs 98 last year
Pending
35
34% pending ratio
Median Price
$399,450
⇧ 9.5% vs $364,900 last year
Average Price
$416,001
⇩ 5.6% vs $440,646 last year
Days on Market
65
⇩ 30.9% vs 94 days last year

Market Context

Population: 33,327  ·  Density: 1,194.1/mi²  ·  Median household income: $74,493

Typical home value: $447,149  ·  Homeownership: 58.8%

Market Analysis

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

The PORTLAND, OR real estate market (97203) currently shows 102 active listings, with 35 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 65 days on market compared to 94 days last year.

The median listing price has risen 9.5% year-over-year, from $364,900 to $399,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 102 this year vs 98 last year
  • Days on market: 65 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $399,450 (+9.5% YoY)
  • Average: $416,001 (-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 8.7 miles — 973 listings ($671,243,671 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97203Portland, OR 972030.0 mi102$42,432,102$399,450$416,001
97210Portland, OR 972104.1 mi70$66,006,640$725,000$942,952
98663Vancouver, WA 986635.3 mi36$20,875,968$514,900$579,888
97227Portland, OR 972275.6 mi14$6,914,600$416,500$493,900
97209Portland, OR 972096.2 mi176$95,742,240$399,948$543,990
97231Portland, OR 972316.4 mi23$21,117,059$657,000$918,133
97212Portland, OR 972126.7 mi37$35,850,484$805,000$968,932
97225Portland, OR 972257.4 mi55$38,573,150$629,000$701,330
97201Portland, OR 972017.5 mi108$74,923,488$350,000$693,736
97006Beaverton, OR 970067.6 mi99$41,513,373$359,000$419,327
98685Vancouver, WA 986858.0 mi84$88,000,836$787,000$1,047,629
98664Vancouver, WA 986648.3 mi61$54,129,143$520,000$887,363
97239Portland, OR 972398.7 mi108$85,164,588$666,950$788,561

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97203?

As of January 2026, there are 102 active listings in PORTLAND, OR (zip code 97203), compared to 98 the prior year.

What is the median home price in PORTLAND, OR 97203?

The median listing price in PORTLAND, OR 97203 is $399,450 as of January 2026, a 9.5% increase from $364,900 the prior year.

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

Homes in PORTLAND, OR 97203 spend an average of 65 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97203?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97203 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 65 days on market compared to 94 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 97203 save an estimated $7,989 compared to a typical 5% commission on the median listing price of $399,450. 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.