Broadway District (Irvington-Broadway District) · Central Eastside · Hollywood · Inner Southeast · Kerns · Laurelhurst · Lloyd District · Lower Burnside (LoBu) · Southeast Portland (Inner Southeast Portland) · Sullivan's Gulch
Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97232) currently shows 29 active listings, with 8 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 81 days last year.
The median listing price has risen 17.4% year-over-year, from $370,000 to $434,500.
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.
Population: 14,941 · Density: 3,085.4/mi² · Median household income: $75,013
Typical home value: $734,545 · Homeownership: 26.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97232 | Portland, OR 97232 | 0.0 mi | 22 | $13,404,710 | $315,000 | $609,305 |
| 97214 | Portland, OR 97214 | 1.1 mi | 41 | $26,454,184 | $639,925 | $645,224 |
| 97209 | Portland, OR 97209 | 2.0 mi | 194 | $102,954,054 | $399,900 | $530,691 |
| 97215 | Portland, OR 97215 | 2.4 mi | 31 | $24,193,020 | $655,000 | $780,420 |
| 97205 | Portland, OR 97205 | 2.9 mi | 50 | $31,149,600 | $374,950 | $622,992 |
| 97239 | Portland, OR 97239 | 3.6 mi | 118 | $90,335,490 | $674,900 | $765,555 |
| 97218 | Portland, OR 97218 | 3.9 mi | 39 | $17,170,842 | $392,450 | $440,278 |
| 97216 | Portland, OR 97216 | 4.3 mi | 49 | $15,785,742 | $304,200 | $322,158 |
| 97221 | Portland, OR 97221 | 4.6 mi | 34 | $66,802,282 | $999,500 | $1,964,773 |
| 97266 | Portland, OR 97266 | 5.2 mi | 92 | $40,095,348 | $399,900 | $435,819 |
| 97219 | Portland, OR 97219 | 5.9 mi | 154 | $122,172,820 | $585,000 | $793,330 |
| 97225 | Portland, OR 97225 | 6.4 mi | 58 | $47,025,124 | $656,475 | $810,778 |
| 98664 | Vancouver, WA 98664 | 7.0 mi | 69 | $52,669,839 | $498,250 | $763,331 |
As of March 2026, there are 29 active listings in PORTLAND, OR (zip code 97232), compared to 27 the prior year.
The median listing price in PORTLAND, OR 97232 is $434,500 as of March 2026, a 17.4% increase from $370,000 the prior year.
Homes in PORTLAND, OR 97232 spend an average of 37 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97232 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97232 save an estimated $8,690 compared to a typical 5% commission on the median listing price of $434,500. 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.