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PORTLAND, OR 97266

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97266

East Portland · Lents · Lents-Powellhurst-Gilbert · Outer Southeast · Pleasant Valley · Powellhurst-Gilbert · Southeast Portland (Inner Southeast Portland) · Southeast Uplift

Market Analysis

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

The PORTLAND, OR real estate market (97266) currently shows 111 active listings, with 45 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 66 days last year.

The median listing price has risen 7.1% year-over-year, from $404,900 to $433,700.

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 Context

Market Context

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

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

Market Overview

Active Listings
111
⇧ 33.7% vs 83 last year
Pending
45
41% pending ratio
Median Price
$433,700
⇧ 7.1% vs $404,900 last year
Average Price
$461,757
⇧ 0.6% vs $458,871 last year
Days on Market
57
⇩ 13.6% vs 66 days last year

Price Per Square Foot

Median $/sqft
$282
⇩ 1.1% vs $285/sqft last year
Median Home Size
1,437 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 111 this year vs 83 last year
  • Days on market: 57 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $433,700 (+7.1% YoY)
  • Average: $461,757 (+0.6% 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 7.1 miles — 955 listings ($577,003,586 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97266Portland, OR 972660.0 mi92$40,095,348$399,900$435,819
97216Portland, OR 972162.2 mi49$15,785,742$304,200$322,158
97215Portland, OR 972153.0 mi31$24,193,020$655,000$780,420
97233Portland, OR 972333.6 mi83$31,171,065$379,250$375,555
97202Portland, OR 972024.1 mi95$57,009,120$497,000$600,096
97214Portland, OR 972144.7 mi41$26,454,184$639,925$645,224
97015Clackamas, OR 970154.8 mi49$30,313,262$637,438$618,638
97230Portland, OR 972305.8 mi123$49,933,326$394,700$405,962
97212Portland, OR 972125.9 mi47$44,999,163$806,950$957,429
97239Portland, OR 972396.4 mi118$90,335,490$674,900$765,555
97218Portland, OR 972186.8 mi39$17,170,842$392,450$440,278
97089Damascus, OR 970896.8 mi34$27,370,204$659,425$805,006
97219Portland, OR 972197.1 mi154$122,172,820$585,000$793,330

Frequently Asked Questions

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

As of March 2026, there are 111 active listings in PORTLAND, OR (zip code 97266), compared to 83 the prior year.

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

The median listing price in PORTLAND, OR 97266 is $433,700 as of March 2026, a 7.1% increase from $404,900 the prior year.

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

Homes in PORTLAND, OR 97266 spend an average of 57 days on the market before going under contract, compared to 66 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 March 2026, PORTLAND, OR 97266 is currently a Balanced Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 66 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 $8,674 compared to a typical 5% commission on the median listing price of $433,700. 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.