Arlington Heights · Bridlemile · Corbett (Terwillger-Lair Hill) · Council Crest · Downtown · Goose Hollow · Goose Hollow Northwest Hills · Hayhurst · Healy Heights · Hillsdale · Homestead · Marquam Hill · Multnomah Village · Northwest · Southwest · Southwest Hills · West
Data as of February 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97201) currently shows 117 active listings, with 16 pending sales. Homes are averaging 136 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 136 days on market compared to 128 days last year.
The median listing price has fallen 14.3% year-over-year, from $422,475 to $362,250.
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.
Population: 17,508 · Density: 3,533.6/mi² · Median household income: $64,385
Typical home value: $641,383 · Homeownership: 28.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97201 | Portland, OR 97201 | 0.0 mi | 108 | $74,923,488 | $350,000 | $693,736 |
| 97239 | Portland, OR 97239 | 1.3 mi | 108 | $85,164,588 | $666,950 | $788,561 |
| 97221 | Portland, OR 97221 | 2.0 mi | 32 | $61,255,136 | $944,800 | $1,914,223 |
| 97227 | Portland, OR 97227 | 2.6 mi | 14 | $6,914,600 | $416,500 | $493,900 |
| 97202 | Portland, OR 97202 | 2.8 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97210 | Portland, OR 97210 | 3.6 mi | 70 | $66,006,640 | $725,000 | $942,952 |
| 97225 | Portland, OR 97225 | 3.9 mi | 55 | $38,573,150 | $629,000 | $701,330 |
| 97206 | Portland, OR 97206 | 4.8 mi | 144 | $66,043,872 | $426,250 | $458,638 |
| 97005 | Beaverton, OR 97005 | 5.7 mi | 32 | $14,469,344 | $435,000 | $452,167 |
| 97222 | Portland, OR 97222 | 5.8 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97223 | Portland, OR 97223 | 6.4 mi | 101 | $65,439,415 | $585,000 | $647,915 |
| 97218 | Portland, OR 97218 | 6.4 mi | 40 | $17,926,800 | $399,900 | $448,170 |
| 97229 | Portland, OR 97229 | 6.5 mi | 259 | $221,917,675 | $799,000 | $856,825 |
As of February 2026, there are 117 active listings in PORTLAND, OR (zip code 97201), compared to 126 the prior year.
The median listing price in PORTLAND, OR 97201 is $362,250 as of February 2026, a 14.3% decrease from $422,475 the prior year.
Homes in PORTLAND, OR 97201 spend an average of 136 days on the market before going under contract, compared to 128 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97201 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 136 days on market compared to 128 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97201 save an estimated $7,245 compared to a typical 5% commission on the median listing price of $362,250. 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.