Population: 17,449 · Density: 2,677.8/mi² · Median household income: $67,154
Typical home value: $415,941 · Homeownership: 55.2%
Data as of January 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97216) currently shows 39 active listings, with 14 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 56 days last year.
The median listing price has fallen 4.3% year-over-year, from $349,900 to $334,950.
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 $ |
|---|---|---|---|---|---|---|
| 97216 | Portland, OR 97216 | 0.0 mi | 39 | $13,568,373 | $334,950 | $347,907 |
| 97266 | Portland, OR 97266 | 2.2 mi | 94 | $41,179,708 | $399,995 | $438,082 |
| 97213 | Portland, OR 97213 | 2.6 mi | 69 | $34,442,040 | $489,950 | $499,160 |
| 97206 | Portland, OR 97206 | 3.0 mi | 144 | $66,043,872 | $426,250 | $458,638 |
| 97230 | Portland, OR 97230 | 4.0 mi | 124 | $50,902,000 | $409,500 | $410,500 |
| 97232 | Portland, OR 97232 | 4.3 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97202 | Portland, OR 97202 | 4.7 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97086 | Happy Valley, OR 97086 | 5.0 mi | 153 | $119,119,833 | $719,950 | $778,561 |
| 97211 | Portland, OR 97211 | 6.0 mi | 90 | $48,319,380 | $455,000 | $536,882 |
| 97227 | Portland, OR 97227 | 6.1 mi | 14 | $6,914,600 | $416,500 | $493,900 |
| 97209 | Portland, OR 97209 | 6.2 mi | 176 | $95,742,240 | $399,948 | $543,990 |
| 98683 | Vancouver, WA 98683 | 6.6 mi | 82 | $62,395,604 | $599,999 | $760,922 |
| 97205 | Portland, OR 97205 | 6.9 mi | 40 | $25,935,040 | $374,900 | $648,376 |
As of January 2026, there are 39 active listings in PORTLAND, OR (zip code 97216), compared to 53 the prior year.
The median listing price in PORTLAND, OR 97216 is $334,950 as of January 2026, a 4.3% decrease from $349,900 the prior year.
Homes in PORTLAND, OR 97216 spend an average of 65 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97216 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97216 save an estimated $6,699 compared to a typical 5% commission on the median listing price of $334,950. 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.