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FOREST GROVE, OR 97116

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The FOREST GROVE, OR real estate market (97116) currently shows 101 active listings, with 37 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 85 days last year.

The median listing price has fallen 16.6% year-over-year, from $599,725 to $499,925.

Whether you are buying or selling in FOREST GROVE, 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: 29,182  ·  Density: 137.3/mi²  ·  Median household income: $80,985

Typical home value: $452,341  ·  Homeownership: 64.9%

Market Overview

Active Listings
101
⇧ 1% vs 100 last year
Pending
37
37% pending ratio
Median Price
$499,925
⇩ 16.6% vs $599,725 last year
Average Price
$600,597
⇩ 11.8% vs $681,329 last year
Days on Market
93
⇧ 9.4% vs 85 days last year

Price Per Square Foot

Median $/sqft
$272
⇩ 5.2% vs $287/sqft last year
Median Home Size
1,791 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 100 last year
  • Days on market: 93 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $499,925 (-16.6% YoY)
  • Average: $600,597 (-11.8% 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 21.2 miles — 883 listings ($558,919,258 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97116Forest Grove, OR 971160.0 mi92$54,189,748$499,700$589,019
97106Banks, OR 971065.1 mi16$16,220,944$949,900$1,013,809
97119Gaston, OR 971198.3 mi8$9,771,936$735,000$1,221,492
97109Buxton, OR 9710910.2 mi1$612,463$612,463$612,463
97124Hillsboro, OR 9712411.8 mi92$58,806,308$574,900$639,199
97123Hillsboro, OR 9712314.3 mi187$137,315,035$549,950$734,305
97078Beaverton, OR 9707816.5 mi58$29,126,034$513,475$502,173
97003Beaverton, OR 9700316.8 mi76$34,275,848$410,000$450,998
97007Beaverton, OR 9700718.5 mi196$121,480,996$623,500$619,801
97231Portland, OR 9723118.6 mi23$21,117,059$657,000$918,133
97005Beaverton, OR 9700519.9 mi32$14,469,344$435,000$452,167
97008Beaverton, OR 9700820.8 mi47$22,960,393$525,000$488,519
97225Portland, OR 9722521.2 mi55$38,573,150$629,000$701,330

Frequently Asked Questions

How many homes are for sale in FOREST GROVE, OR 97116?

As of February 2026, there are 101 active listings in FOREST GROVE, OR (zip code 97116), compared to 100 the prior year.

What is the median home price in FOREST GROVE, OR 97116?

The median listing price in FOREST GROVE, OR 97116 is $499,925 as of February 2026, a 16.6% decrease from $599,725 the prior year.

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

Homes in FOREST GROVE, OR 97116 spend an average of 93 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in FOREST GROVE, OR 97116?

Based on current inventory and days-on-market data as of February 2026, FOREST GROVE, OR 97116 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 85 days last year.

How much can I save on real estate commission in FOREST GROVE, OR?

With SELL123.com's maximum 3% commission, sellers in FOREST GROVE, OR 97116 save an estimated $9,999 compared to a typical 5% commission on the median listing price of $499,925. 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.