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Data as of February 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97202) currently shows 95 active listings, with 31 pending sales. Homes are averaging 101 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 101 days on market compared to 45 days last year.
The median listing price has fallen 8.8% year-over-year, from $544,950 to $497,000.
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: 43,687 · Density: 2,688.6/mi² · Median household income: $94,983
Typical home value: $656,489 · Homeownership: 51.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97202 | Portland, OR 97202 | 0.0 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97214 | Portland, OR 97214 | 2.2 mi | 36 | $22,827,384 | $599,950 | $634,094 |
| 97201 | Portland, OR 97201 | 2.8 mi | 108 | $74,923,488 | $350,000 | $693,736 |
| 97222 | Portland, OR 97222 | 3.1 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97219 | Portland, OR 97219 | 3.3 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97209 | Portland, OR 97209 | 3.9 mi | 176 | $95,742,240 | $399,948 | $543,990 |
| 97221 | Portland, OR 97221 | 4.2 mi | 32 | $61,255,136 | $944,800 | $1,914,223 |
| 97213 | Portland, OR 97213 | 4.4 mi | 69 | $34,442,040 | $489,950 | $499,160 |
| 97216 | Portland, OR 97216 | 4.7 mi | 39 | $13,568,373 | $334,950 | $347,907 |
| 97034 | Lake Oswego, OR 97034 | 5.4 mi | 96 | $201,617,280 | $1,647,000 | $2,100,180 |
| 97035 | Lake Oswego, OR 97035 | 6.2 mi | 120 | $114,856,320 | $660,250 | $957,136 |
| 97220 | Portland, OR 97220 | 6.3 mi | 66 | $30,906,546 | $440,000 | $468,281 |
| 97236 | Portland, OR 97236 | 6.5 mi | 96 | $48,143,808 | $461,000 | $501,498 |
As of February 2026, there are 95 active listings in PORTLAND, OR (zip code 97202), compared to 93 the prior year.
The median listing price in PORTLAND, OR 97202 is $497,000 as of February 2026, a 8.8% decrease from $544,950 the prior year.
Homes in PORTLAND, OR 97202 spend an average of 101 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97202 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 101 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97202 save an estimated $9,940 compared to a typical 5% commission on the median listing price of $497,000. 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.