Population: 8,861 · Density: 3,632.1/mi² · Median household income: $56,739
Typical home value: $638,235 · Homeownership: 20.4%
Data as of January 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97205) currently shows 40 active listings, with 9 pending sales. Homes are averaging 115 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 115 days on market compared to 134 days last year.
The median listing price has fallen 22.6% year-over-year, from $484,500 to $374,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97205 | Portland, OR 97205 | 0.0 mi | 40 | $25,935,040 | $374,900 | $648,376 |
| 97209 | Portland, OR 97209 | 1.2 mi | 176 | $95,742,240 | $399,948 | $543,990 |
| 97227 | Portland, OR 97227 | 2.1 mi | 14 | $6,914,600 | $416,500 | $493,900 |
| 97210 | Portland, OR 97210 | 2.7 mi | 70 | $66,006,640 | $725,000 | $942,952 |
| 97232 | Portland, OR 97232 | 2.9 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97225 | Portland, OR 97225 | 3.5 mi | 55 | $38,573,150 | $629,000 | $701,330 |
| 97219 | Portland, OR 97219 | 4.5 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97213 | Portland, OR 97213 | 5.1 mi | 69 | $34,442,040 | $489,950 | $499,160 |
| 97211 | Portland, OR 97211 | 5.4 mi | 90 | $48,319,380 | $455,000 | $536,882 |
| 97206 | Portland, OR 97206 | 5.6 mi | 144 | $66,043,872 | $426,250 | $458,638 |
| 97218 | Portland, OR 97218 | 6.3 mi | 40 | $17,926,800 | $399,900 | $448,170 |
| 97203 | Portland, OR 97203 | 6.5 mi | 102 | $42,432,102 | $399,450 | $416,001 |
| 97222 | Portland, OR 97222 | 6.8 mi | 74 | $38,563,990 | $415,000 | $521,135 |
As of January 2026, there are 40 active listings in PORTLAND, OR (zip code 97205), compared to 42 the prior year.
The median listing price in PORTLAND, OR 97205 is $374,900 as of January 2026, a 22.6% decrease from $484,500 the prior year.
Homes in PORTLAND, OR 97205 spend an average of 115 days on the market before going under contract, compared to 134 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97205 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 115 days on market compared to 134 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97205 save an estimated $7,498 compared to a typical 5% commission on the median listing price of $374,900. 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.