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PORTLAND, OR 97236

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

Neighborhoods in ZIP 97236

Centennial · East Portland · Gilbert · Outer Southeast · Pleasant Valley · Pleasant Valley-Powellhurst Glbt · Powellhurst-Gilbert · Southeast Uplift

Market Analysis

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

The PORTLAND, OR real estate market (97236) currently shows 123 active listings, with 27 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 59 days on market compared to 70 days last year.

The median listing price has risen 3% year-over-year, from $451,250 to $465,000.

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Market Context

Market Context

Population: 39,033  ·  Density: 1,952.5/mi²  ·  Median household income: $67,874

Typical home value: $381,035  ·  Homeownership: 60.1%

Market Overview

Active Listings
123
⇧ 5.1% vs 117 last year
Pending
27
22% pending ratio
Median Price
$465,000
⇧ 3% vs $451,250 last year
Average Price
$486,548
⇩ 3% vs $501,518 last year
Days on Market
59
⇩ 15.7% vs 70 days last year

Price Per Square Foot

Median $/sqft
$266
⇧ 0.4% vs $265/sqft last year
Median Home Size
1,627 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 123 this year vs 117 last year
  • Days on market: 59 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $465,000 (+3% YoY)
  • Average: $486,548 (-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 8.2 miles — 963 listings ($512,580,563 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97236Portland, OR 972360.0 mi99$50,432,778$467,500$509,422
97266Portland, OR 972662.3 mi92$40,095,348$399,900$435,819
97216Portland, OR 972163.1 mi49$15,785,742$304,200$322,158
97206Portland, OR 972064.3 mi145$66,344,025$427,000$457,545
97015Clackamas, OR 970155.0 mi49$30,313,262$637,438$618,638
97220Portland, OR 972205.2 mi68$30,796,588$431,750$452,891
97024Fairview, OR 970245.4 mi22$12,344,574$514,750$561,117
97080Gresham, OR 970805.9 mi158$90,477,752$525,000$572,644
97202Portland, OR 972026.5 mi95$57,009,120$497,000$600,096
97232Portland, OR 972327.1 mi22$13,404,710$315,000$609,305
97060Troutdale, OR 970607.6 mi36$19,943,640$478,975$553,990
97218Portland, OR 972187.6 mi39$17,170,842$392,450$440,278
98683Vancouver, WA 986838.2 mi89$68,462,182$618,500$769,238

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97236?

As of September 2026, there are 123 active listings in PORTLAND, OR (zip code 97236), compared to 117 the prior year.

What is the median home price in PORTLAND, OR 97236?

The median listing price in PORTLAND, OR 97236 is $465,000 as of September 2026, a 3% increase from $451,250 the prior year.

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

Homes in PORTLAND, OR 97236 spend an average of 59 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97236?

Based on current inventory and days-on-market data as of September 2026, PORTLAND, OR 97236 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 70 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 97236 save an estimated $9,300 compared to a typical 5% commission on the median listing price of $465,000. 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.