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Downtown Goose Hollow Kings Heights Portland Heights

PORTLAND, OR 97205

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

Neighborhoods in ZIP 97205

Downtown · Goose Hollow · Kings Heights · Portland Heights

Market Analysis

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

The PORTLAND, OR real estate market (97205) currently shows 50 active listings, with 10 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 70 days on market compared to 144 days last year.

The median listing price has fallen 18% year-over-year, from $457,500 to $374,950.

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: 8,861  ·  Density: 3,632.1/mi²  ·  Median household income: $56,739

Typical home value: $638,235  ·  Homeownership: 20.4%

Market Overview

Active Listings
50
vs 50 last year
Pending
10
20% pending ratio
Median Price
$374,950
⇩ 18% vs $457,500 last year
Average Price
$622,992
⇩ 41.3% vs $1,060,834 last year
Days on Market
70
⇩ 51.4% vs 144 days last year

Price Per Square Foot

Median $/sqft
$397
⇩ 13.7% vs $460/sqft last year
Median Home Size
1,040 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 70 now vs 144 last year

Median & Average Pricing

Year over Year
  • Median: $374,950 (-18% YoY)
  • Average: $622,992 (-41.3% 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 6.8 miles — 1,009 listings ($584,441,983 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97205Portland, OR 972050.0 mi40$25,935,040$374,900$648,376
97209Portland, OR 972091.2 mi176$95,742,240$399,948$543,990
97227Portland, OR 972272.1 mi14$6,914,600$416,500$493,900
97210Portland, OR 972102.7 mi70$66,006,640$725,000$942,952
97232Portland, OR 972322.9 mi18$9,251,478$295,000$513,971
97225Portland, OR 972253.5 mi55$38,573,150$629,000$701,330
97219Portland, OR 972194.5 mi117$94,290,651$607,500$805,903
97213Portland, OR 972135.1 mi69$34,442,040$489,950$499,160
97211Portland, OR 972115.4 mi90$48,319,380$455,000$536,882
97206Portland, OR 972065.6 mi144$66,043,872$426,250$458,638
97218Portland, OR 972186.3 mi40$17,926,800$399,900$448,170
97203Portland, OR 972036.5 mi102$42,432,102$399,450$416,001
97222Portland, OR 972226.8 mi74$38,563,990$415,000$521,135

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97205?

As of February 2026, there are 50 active listings in PORTLAND, OR (zip code 97205), compared to 50 the prior year.

What is the median home price in PORTLAND, OR 97205?

The median listing price in PORTLAND, OR 97205 is $374,950 as of February 2026, a 18% decrease from $457,500 the prior year.

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

Homes in PORTLAND, OR 97205 spend an average of 70 days on the market before going under contract, compared to 144 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97205?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97205 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 70 days on market compared to 144 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 97205 save an estimated $7,499 compared to a typical 5% commission on the median listing price of $374,950. 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.