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Mount Tabor

PORTLAND, OR 97215

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

Market Overview

Active Listings
25
⇩ 32.4% vs 37 last year
Pending
8
32% pending ratio
Median Price
$599,900
⇩ 2.8% vs $617,250 last year
Average Price
$737,854
⇩ 11.6% vs $834,224 last year
Days on Market
87
⇧ 4.8% vs 83 days last year

Market Context

Population: 17,780  ·  Density: 2,939.7/mi²  ·  Median household income: $104,952

Typical home value: $643,264  ·  Homeownership: 63.1%

Market Analysis

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

The PORTLAND, OR real estate market (97215) currently shows 25 active listings, with 8 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 87 days on market compared to 83 days last year.

The median listing price has fallen 2.8% year-over-year, from $617,250 to $599,900.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 37 last year
  • Days on market: 87 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $599,900 (-2.8% YoY)
  • Average: $737,854 (-11.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.0 miles — 924 listings ($516,669,880 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97215Portland, OR 972150.0 mi25$18,446,350$599,900$737,854
97216Portland, OR 972162.0 mi39$13,568,373$334,950$347,907
97206Portland, OR 972062.3 mi144$66,043,872$426,250$458,638
97266Portland, OR 972663.0 mi94$41,179,708$399,995$438,082
97202Portland, OR 972023.1 mi79$48,640,458$495,000$615,702
97218Portland, OR 972184.3 mi40$17,926,800$399,900$448,170
97227Portland, OR 972274.3 mi14$6,914,600$416,500$493,900
97236Portland, OR 972364.8 mi96$48,143,808$461,000$501,498
97233Portland, OR 972334.9 mi77$29,322,755$379,500$380,815
97211Portland, OR 972115.0 mi90$48,319,380$455,000$536,882
97230Portland, OR 972305.4 mi124$50,902,000$409,500$410,500
97221Portland, OR 972216.3 mi32$61,255,136$944,800$1,914,223
97210Portland, OR 972107.0 mi70$66,006,640$725,000$942,952

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97215?

As of January 2026, there are 25 active listings in PORTLAND, OR (zip code 97215), compared to 37 the prior year.

What is the median home price in PORTLAND, OR 97215?

The median listing price in PORTLAND, OR 97215 is $599,900 as of January 2026, a 2.8% decrease from $617,250 the prior year.

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

Homes in PORTLAND, OR 97215 spend an average of 87 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97215?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97215 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 83 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 97215 save an estimated $11,998 compared to a typical 5% commission on the median listing price of $599,900. 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.