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PORTLAND, OR 97211

Real Estate Market Report  ·  Multnomah County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97211

Alameda · Alberta Arts District · Beaumont (Wilshire) · Bridgeton · Central Northeast · Concordia · East Columbia · Humboldt · King · Northeast · Piedmont · Sabin · Sunderland · Vernon · Woodlawn

Market Analysis

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

The PORTLAND, OR real estate market (97211) currently shows 97 active listings, with 33 pending sales. Homes are averaging 42 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 taking longer to sell, averaging 42 days on market compared to 35 days last year.

The median listing price has fallen 9.4% year-over-year, from $580,975 to $526,250.

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: 34,376  ·  Density: 1,859.8/mi²  ·  Median household income: $103,377

Typical home value: $597,637  ·  Homeownership: 64.7%

Market Overview

Active Listings
97
⇩ 31.2% vs 141 last year
Pending
33
34% pending ratio
Median Price
$526,250
⇩ 9.4% vs $580,975 last year
Average Price
$576,675
⇩ 6.3% vs $615,587 last year
Days on Market
42
⇧ 20% vs 35 days last year

Price Per Square Foot

Median $/sqft
$335
⇧ 0.6% vs $333/sqft last year
Median Home Size
1,769 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 141 last year
  • Days on market: 42 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $526,250 (-9.4% YoY)
  • Average: $576,675 (-6.3% 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 7.0 miles — 945 listings ($598,274,423 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97211Portland, OR 972110.0 mi91$49,583,170$524,750$544,870
97212Portland, OR 972122.6 mi47$44,999,163$806,950$957,429
97227Portland, OR 972273.3 mi16$7,981,504$413,000$498,844
97232Portland, OR 972323.7 mi22$13,404,710$315,000$609,305
98661Vancouver, WA 986614.0 mi140$86,815,260$491,225$620,109
97220Portland, OR 972204.3 mi68$30,796,588$431,750$452,891
97215Portland, OR 972155.0 mi31$24,193,020$655,000$780,420
97210Portland, OR 972105.3 mi75$78,283,425$752,500$1,043,779
97201Portland, OR 972015.7 mi117$97,775,262$362,250$835,686
97216Portland, OR 972166.0 mi49$15,785,742$304,200$322,158
97230Portland, OR 972306.5 mi123$49,933,326$394,700$405,962
97202Portland, OR 972026.9 mi95$57,009,120$497,000$600,096
98665Vancouver, WA 986657.0 mi71$41,714,133$559,975$587,523

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97211?

As of April 2026, there are 97 active listings in PORTLAND, OR (zip code 97211), compared to 141 the prior year.

What is the median home price in PORTLAND, OR 97211?

The median listing price in PORTLAND, OR 97211 is $526,250 as of April 2026, a 9.4% decrease from $580,975 the prior year.

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

Homes in PORTLAND, OR 97211 spend an average of 42 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97211?

Based on current inventory and days-on-market data as of April 2026, PORTLAND, OR 97211 is currently a Balanced Market. Inventory has tightened compared to last year, with 44 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 42 days on market compared to 35 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 97211 save an estimated $10,525 compared to a typical 5% commission on the median listing price of $526,250. 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.