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Hillsdale

PORTLAND, OR 97239

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

Market Overview

Active Listings
108
⇧ 20% vs 90 last year
Pending
15
14% pending ratio
Median Price
$666,950
⇩ 1.6% vs $677,500 last year
Average Price
$788,561
⇩ 1.9% vs $803,681 last year
Days on Market
105
⇧ 16.7% vs 90 days last year

Market Context

Population: 18,337  ·  Density: 1,976.1/mi²  ·  Median household income: $103,323

Typical home value: $681,660  ·  Homeownership: 44.7%

Market Analysis

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

The PORTLAND, OR real estate market (97239) currently shows 108 active listings, with 15 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 105 days on market compared to 90 days last year.

The median listing price has fallen 1.6% year-over-year, from $677,500 to $666,950.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 108 this year vs 90 last year
  • Days on market: 105 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $666,950 (-1.6% YoY)
  • Average: $788,561 (-1.9% 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 6.7 miles — 871 listings ($558,503,589 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97239Portland, OR 972390.0 mi108$85,164,588$666,950$788,561
97221Portland, OR 972211.9 mi32$61,255,136$944,800$1,914,223
97202Portland, OR 972022.3 mi79$48,640,458$495,000$615,702
97214Portland, OR 972142.8 mi36$22,827,384$599,950$634,094
97232Portland, OR 972323.6 mi18$9,251,478$295,000$513,971
97225Portland, OR 972254.0 mi55$38,573,150$629,000$701,330
97206Portland, OR 972064.5 mi144$66,043,872$426,250$458,638
97215Portland, OR 972154.8 mi25$18,446,350$599,900$737,854
97223Portland, OR 972235.4 mi101$65,439,415$585,000$647,915
97005Beaverton, OR 970055.5 mi32$14,469,344$435,000$452,167
97213Portland, OR 972135.5 mi69$34,442,040$489,950$499,160
97266Portland, OR 972666.4 mi94$41,179,708$399,995$438,082
97267Portland, OR 972676.7 mi78$52,770,666$632,480$676,547

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97239?

As of January 2026, there are 108 active listings in PORTLAND, OR (zip code 97239), compared to 90 the prior year.

What is the median home price in PORTLAND, OR 97239?

The median listing price in PORTLAND, OR 97239 is $666,950 as of January 2026, a 1.6% decrease from $677,500 the prior year.

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

Homes in PORTLAND, OR 97239 spend an average of 105 days on the market before going under contract, compared to 90 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97239?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97239 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 105 days on market compared to 90 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 97239 save an estimated $13,339 compared to a typical 5% commission on the median listing price of $666,950. 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.