Population: 20,445 · Density: 7,663.5/mi² · Median household income: $84,893
Typical home value: $590,893 · Homeownership: 22.5%
Data as of January 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97209) currently shows 176 active listings, with 23 pending sales. Homes are averaging 117 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 117 days on market compared to 123 days last year.
The median listing price has fallen 4.9% year-over-year, from $420,750 to $399,948.
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 $ |
|---|---|---|---|---|---|---|
| 97209 | Portland, OR 97209 | 0.0 mi | 176 | $95,742,240 | $399,948 | $543,990 |
| 97205 | Portland, OR 97205 | 1.2 mi | 40 | $25,935,040 | $374,900 | $648,376 |
| 97232 | Portland, OR 97232 | 2.0 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97214 | Portland, OR 97214 | 2.3 mi | 36 | $22,827,384 | $599,950 | $634,094 |
| 97239 | Portland, OR 97239 | 2.9 mi | 108 | $85,164,588 | $666,950 | $788,561 |
| 97202 | Portland, OR 97202 | 3.9 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97211 | Portland, OR 97211 | 4.2 mi | 90 | $48,319,380 | $455,000 | $536,882 |
| 97217 | Portland, OR 97217 | 4.6 mi | 140 | $64,574,580 | $415,000 | $461,247 |
| 97218 | Portland, OR 97218 | 5.1 mi | 40 | $17,926,800 | $399,900 | $448,170 |
| 97219 | Portland, OR 97219 | 5.4 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97216 | Portland, OR 97216 | 6.2 mi | 39 | $13,568,373 | $334,950 | $347,907 |
| 97229 | Portland, OR 97229 | 6.2 mi | 259 | $221,917,675 | $799,000 | $856,825 |
| 97266 | Portland, OR 97266 | 7.0 mi | 94 | $41,179,708 | $399,995 | $438,082 |
As of January 2026, there are 176 active listings in PORTLAND, OR (zip code 97209), compared to 182 the prior year.
The median listing price in PORTLAND, OR 97209 is $399,948 as of January 2026, a 4.9% decrease from $420,750 the prior year.
Homes in PORTLAND, OR 97209 spend an average of 117 days on the market before going under contract, compared to 123 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97209 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 117 days on market compared to 123 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97209 save an estimated $7,999 compared to a typical 5% commission on the median listing price of $399,948. 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.