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Downtown Goose Hollow Kings Heights Portland Heights

PORTLAND, OR 97205

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

Neighborhoods in ZIP 97205

Downtown · Goose Hollow · Kings Heights · Portland Heights

Market Analysis

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

The PORTLAND, OR real estate market (97205) currently shows 61 active listings, with 15 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 60 days last year.

The median listing price has risen 42.8% year-over-year, from $442,000 to $631,000.

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: 8,861  ·  Density: 3,632.1/mi²  ·  Median household income: $56,739

Typical home value: $638,235  ·  Homeownership: 20.4%

Market Overview

Active Listings
61
⇩ 7.6% vs 66 last year
Pending
15
25% pending ratio
Median Price
$631,000
⇧ 42.8% vs $442,000 last year
Average Price
$739,917
⇩ 16.7% vs $888,726 last year
Days on Market
56
⇩ 6.7% vs 60 days last year

Price Per Square Foot

Median $/sqft
$449
⇧ 0.7% vs $446/sqft last year
Median Home Size
1,109 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 66 last year
  • Days on market: 56 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $631,000 (+42.8% YoY)
  • Average: $739,917 (-16.7% 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 6.8 miles — 1,115 listings ($661,846,017 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97205Portland, OR 972050.0 mi50$31,149,600$374,950$622,992
97209Portland, OR 972091.2 mi194$102,954,054$399,900$530,691
97227Portland, OR 972272.1 mi16$7,981,504$413,000$498,844
97210Portland, OR 972102.7 mi75$78,283,425$752,500$1,043,779
97232Portland, OR 972322.9 mi22$13,404,710$315,000$609,305
97225Portland, OR 972253.5 mi58$47,025,124$656,475$810,778
97219Portland, OR 972194.5 mi154$122,172,820$585,000$793,330
97213Portland, OR 972135.1 mi84$40,141,248$457,450$477,872
97211Portland, OR 972115.4 mi91$49,583,170$524,750$544,870
97206Portland, OR 972065.6 mi145$66,344,025$427,000$457,545
97218Portland, OR 972186.3 mi39$17,170,842$392,450$440,278
97203Portland, OR 972036.5 mi106$43,688,430$381,725$412,155
97222Portland, OR 972226.8 mi81$41,947,065$417,500$517,865

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97205?

As of April 2026, there are 61 active listings in PORTLAND, OR (zip code 97205), compared to 66 the prior year.

What is the median home price in PORTLAND, OR 97205?

The median listing price in PORTLAND, OR 97205 is $631,000 as of April 2026, a 42.8% increase from $442,000 the prior year.

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

Homes in PORTLAND, OR 97205 spend an average of 56 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97205?

Based on current inventory and days-on-market data as of April 2026, PORTLAND, OR 97205 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 56 days on market compared to 60 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 97205 save an estimated $12,620 compared to a typical 5% commission on the median listing price of $631,000. 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.