Chinatown (Old Town) · Northwest District · Pearl · The Bucket
Data as of September 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97209) currently shows 216 active listings, with 22 pending sales. Homes are averaging 103 days on the market before going under contract.
Inventory has tightened compared to last year, with 44 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 103 days on market compared to 113 days last year.
The median listing price has fallen 5.8% year-over-year, from $421,225 to $397,000.
Population: 20,445 · Density: 7,663.5/mi² · Median household income: $84,893
Typical home value: $590,893 · Homeownership: 22.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97209 | Portland, OR 97209 | 0.0 mi | 194 | $102,954,054 | $399,900 | $530,691 |
| 97205 | Portland, OR 97205 | 1.2 mi | 50 | $31,149,600 | $374,950 | $622,992 |
| 97232 | Portland, OR 97232 | 2.0 mi | 22 | $13,404,710 | $315,000 | $609,305 |
| 97214 | Portland, OR 97214 | 2.3 mi | 41 | $26,454,184 | $639,925 | $645,224 |
| 97239 | Portland, OR 97239 | 2.9 mi | 118 | $90,335,490 | $674,900 | $765,555 |
| 97202 | Portland, OR 97202 | 3.9 mi | 95 | $57,009,120 | $497,000 | $600,096 |
| 97211 | Portland, OR 97211 | 4.2 mi | 91 | $49,583,170 | $524,750 | $544,870 |
| 97217 | Portland, OR 97217 | 4.6 mi | 158 | $71,389,298 | $400,000 | $451,831 |
| 97218 | Portland, OR 97218 | 5.1 mi | 39 | $17,170,842 | $392,450 | $440,278 |
| 97219 | Portland, OR 97219 | 5.4 mi | 154 | $122,172,820 | $585,000 | $793,330 |
| 97216 | Portland, OR 97216 | 6.2 mi | 49 | $15,785,742 | $304,200 | $322,158 |
| 97229 | Portland, OR 97229 | 6.2 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 97266 | Portland, OR 97266 | 7.0 mi | 92 | $40,095,348 | $399,900 | $435,819 |
As of September 2026, there are 216 active listings in PORTLAND, OR (zip code 97209), compared to 260 the prior year.
The median listing price in PORTLAND, OR 97209 is $397,000 as of September 2026, a 5.8% decrease from $421,225 the prior year.
Homes in PORTLAND, OR 97209 spend an average of 103 days on the market before going under contract, compared to 113 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTLAND, OR 97209 is currently a Seller's Market. Inventory has tightened compared to last year, with 44 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 103 days on market compared to 113 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97209 save an estimated $7,940 compared to a typical 5% commission on the median listing price of $397,000. 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.