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PORTLAND, OR 97218

Real Estate Market Report  ·  Multnomah County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
40
⇩ 9.1% vs 44 last year
Pending
8
20% pending ratio
Median Price
$399,900
⇧ 2% vs $392,000 last year
Average Price
$448,170
⇧ 8.3% vs $413,820 last year
Days on Market
80
⇩ 44.8% vs 145 days last year

Market Context

Population: 15,094  ·  Density: 875.4/mi²  ·  Median household income: $79,202

Typical home value: $453,988  ·  Homeownership: 58.4%

Market Analysis

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

The PORTLAND, OR real estate market (97218) currently shows 40 active listings, with 8 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 80 days on market compared to 145 days last year.

The median listing price has risen 2% year-over-year, from $392,000 to $399,900.

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: 40 this year vs 44 last year
  • Days on market: 80 now vs 145 last year

Median & Average Pricing

Year over Year
  • Median: $399,900 (+2% YoY)
  • Average: $448,170 (+8.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 947 listings ($496,068,038 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97218Portland, OR 972180.0 mi40$17,926,800$399,900$448,170
97220Portland, OR 972202.6 mi66$30,906,546$440,000$468,281
97212Portland, OR 972123.0 mi37$35,850,484$805,000$968,932
97232Portland, OR 972323.9 mi18$9,251,478$295,000$513,971
97227Portland, OR 972274.3 mi14$6,914,600$416,500$493,900
97230Portland, OR 972304.7 mi124$50,902,000$409,500$410,500
98683Vancouver, WA 986834.7 mi82$62,395,604$599,999$760,922
97217Portland, OR 972174.9 mi140$64,574,580$415,000$461,247
98684Vancouver, WA 986845.6 mi69$35,546,868$494,200$515,172
97205Portland, OR 972056.3 mi40$25,935,040$374,900$648,376
97206Portland, OR 972066.5 mi144$66,043,872$426,250$458,638
97266Portland, OR 972666.8 mi94$41,179,708$399,995$438,082
97202Portland, OR 972026.8 mi79$48,640,458$495,000$615,702

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97218?

As of January 2026, there are 40 active listings in PORTLAND, OR (zip code 97218), compared to 44 the prior year.

What is the median home price in PORTLAND, OR 97218?

The median listing price in PORTLAND, OR 97218 is $399,900 as of January 2026, a 2% increase from $392,000 the prior year.

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

Homes in PORTLAND, OR 97218 spend an average of 80 days on the market before going under contract, compared to 145 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97218?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97218 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 80 days on market compared to 145 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 97218 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. 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.