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PORTLAND, OR 97266

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

Market Overview

Active Listings
94
⇧ 23.7% vs 76 last year
Pending
26
28% pending ratio
Median Price
$399,995
⇩ 4.7% vs $419,900 last year
Average Price
$438,082
⇩ 1.2% vs $443,562 last year
Days on Market
87
⇩ 4.4% vs 91 days last year

Market Context

Population: 35,719  ·  Density: 2,276.6/mi²  ·  Median household income: $67,350

Typical home value: $379,304  ·  Homeownership: 56.6%

Market Analysis

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

The PORTLAND, OR real estate market (97266) currently shows 94 active listings, with 26 pending sales. Homes are averaging 87 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 selling faster, averaging 87 days on market compared to 91 days last year.

The median listing price has fallen 4.7% year-over-year, from $419,900 to $399,995.

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: 94 this year vs 76 last year
  • Days on market: 87 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $399,995 (-4.7% YoY)
  • Average: $438,082 (-1.2% 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 7.1 miles — 847 listings ($510,927,906 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97266Portland, OR 972660.0 mi94$41,179,708$399,995$438,082
97216Portland, OR 972162.2 mi39$13,568,373$334,950$347,907
97215Portland, OR 972153.0 mi25$18,446,350$599,900$737,854
97233Portland, OR 972333.6 mi77$29,322,755$379,500$380,815
97202Portland, OR 972024.1 mi79$48,640,458$495,000$615,702
97214Portland, OR 972144.7 mi36$22,827,384$599,950$634,094
97015Clackamas, OR 970154.8 mi40$25,627,400$655,000$640,685
97230Portland, OR 972305.8 mi124$50,902,000$409,500$410,500
97212Portland, OR 972125.9 mi37$35,850,484$805,000$968,932
97239Portland, OR 972396.4 mi108$85,164,588$666,950$788,561
97218Portland, OR 972186.8 mi40$17,926,800$399,900$448,170
97089Damascus, OR 970896.8 mi31$27,180,955$747,500$876,805
97219Portland, OR 972197.1 mi117$94,290,651$607,500$805,903

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97266?

As of January 2026, there are 94 active listings in PORTLAND, OR (zip code 97266), compared to 76 the prior year.

What is the median home price in PORTLAND, OR 97266?

The median listing price in PORTLAND, OR 97266 is $399,995 as of January 2026, a 4.7% decrease from $419,900 the prior year.

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

Homes in PORTLAND, OR 97266 spend an average of 87 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97266?

Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97266 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 87 days on market compared to 91 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 97266 save an estimated $8,000 compared to a typical 5% commission on the median listing price of $399,995. 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.