Chinatown (Old Town) · Northwest District · Pearl · The Bucket
Data as of February 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97209) currently shows 194 active listings, with 19 pending sales. Homes are averaging 108 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 108 days on market compared to 105 days last year.
The median listing price has fallen 4.9% year-over-year, from $420,694 to $399,900.
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: 20,445 · Density: 7,663.5/mi² · Median household income: $84,893
Typical home value: $590,893 · Homeownership: 22.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97209 | Portland, OR 97209 | 0.0 mi | 176 | $95,742,240 | $399,948 | $543,990 |
| 97205 | Portland, OR 97205 | 1.2 mi | 40 | $25,935,040 | $374,900 | $648,376 |
| 97232 | Portland, OR 97232 | 2.0 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97214 | Portland, OR 97214 | 2.3 mi | 36 | $22,827,384 | $599,950 | $634,094 |
| 97239 | Portland, OR 97239 | 2.9 mi | 108 | $85,164,588 | $666,950 | $788,561 |
| 97202 | Portland, OR 97202 | 3.9 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97211 | Portland, OR 97211 | 4.2 mi | 90 | $48,319,380 | $455,000 | $536,882 |
| 97217 | Portland, OR 97217 | 4.6 mi | 140 | $64,574,580 | $415,000 | $461,247 |
| 97218 | Portland, OR 97218 | 5.1 mi | 40 | $17,926,800 | $399,900 | $448,170 |
| 97219 | Portland, OR 97219 | 5.4 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97216 | Portland, OR 97216 | 6.2 mi | 39 | $13,568,373 | $334,950 | $347,907 |
| 97229 | Portland, OR 97229 | 6.2 mi | 259 | $221,917,675 | $799,000 | $856,825 |
| 97266 | Portland, OR 97266 | 7.0 mi | 94 | $41,179,708 | $399,995 | $438,082 |
As of February 2026, there are 194 active listings in PORTLAND, OR (zip code 97209), compared to 199 the prior year.
The median listing price in PORTLAND, OR 97209 is $399,900 as of February 2026, a 4.9% decrease from $420,694 the prior year.
Homes in PORTLAND, OR 97209 spend an average of 108 days on the market before going under contract, compared to 105 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97209 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 108 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97209 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. 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.