Chinatown (Old Town) · Northwest District · Pearl · The Bucket
Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97209) currently shows 202 active listings, with 24 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 72 days on market compared to 60 days last year.
The median listing price has fallen 3.3% year-over-year, from $412,500 to $399,000.
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: 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 March 2026, there are 202 active listings in PORTLAND, OR (zip code 97209), compared to 215 the prior year.
The median listing price in PORTLAND, OR 97209 is $399,000 as of March 2026, a 3.3% decrease from $412,500 the prior year.
Homes in PORTLAND, OR 97209 spend an average of 72 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97209 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97209 save an estimated $7,980 compared to a typical 5% commission on the median listing price of $399,000. 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.