Call or Text (240) SELL-123
Alameda Beaumont (Wilshire) Boise Broadway District (Irvington-Broadway District) Eliot Grant Park Grant Park-Hollywood Hollywood Irvington King Northeast Sabin Sabin-Irvington

PORTLAND, OR 97212

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

Neighborhoods in ZIP 97212

Alameda · Beaumont (Wilshire) · Boise · Broadway District (Irvington-Broadway District) · Eliot · Grant Park · Grant Park-Hollywood · Hollywood · Irvington · King · Northeast · Sabin · Sabin-Irvington

Market Analysis

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

The PORTLAND, OR real estate market (97212) currently shows 47 active listings, with 20 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 137 days last year.

The median listing price has risen 39.9% year-over-year, from $576,750 to $806,950.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PORTLAND, OR 97212 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 27,902  ·  Density: 3,947.4/mi²  ·  Median household income: $125,901

Typical home value: $791,982  ·  Homeownership: 66.9%

Market Overview

Active Listings
47
⇩ 17.5% vs 57 last year
Pending
20
43% pending ratio
Median Price
$806,950
⇧ 39.9% vs $576,750 last year
Average Price
$957,429
⇧ 34.5% vs $711,948 last year
Days on Market
30
⇩ 78.1% vs 137 days last year

Price Per Square Foot

Median $/sqft
$351
⇩ 3.3% vs $363/sqft last year
Median Home Size
2,186 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 57 last year
  • Days on market: 30 now vs 137 last year

Median & Average Pricing

Year over Year
  • Median: $806,950 (+39.9% YoY)
  • Average: $957,429 (+34.5% 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 — 888 listings ($550,019,632 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97212Portland, OR 972120.0 mi37$35,850,484$805,000$968,932
97227Portland, OR 972271.6 mi14$6,914,600$416,500$493,900
97213Portland, OR 972132.2 mi69$34,442,040$489,950$499,160
97211Portland, OR 972112.6 mi90$48,319,380$455,000$536,882
97218Portland, OR 972183.0 mi40$17,926,800$399,900$448,170
97201Portland, OR 972013.4 mi108$74,923,488$350,000$693,736
97202Portland, OR 972024.3 mi79$48,640,458$495,000$615,702
97217Portland, OR 972174.5 mi140$64,574,580$415,000$461,247
97216Portland, OR 972164.6 mi39$13,568,373$334,950$347,907
97221Portland, OR 972215.2 mi32$61,255,136$944,800$1,914,223
98664Vancouver, WA 986646.1 mi61$54,129,143$520,000$887,363
97230Portland, OR 972306.7 mi124$50,902,000$409,500$410,500
97225Portland, OR 972256.8 mi55$38,573,150$629,000$701,330

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97212?

As of February 2026, there are 47 active listings in PORTLAND, OR (zip code 97212), compared to 57 the prior year.

What is the median home price in PORTLAND, OR 97212?

The median listing price in PORTLAND, OR 97212 is $806,950 as of February 2026, a 39.9% increase from $576,750 the prior year.

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

Homes in PORTLAND, OR 97212 spend an average of 30 days on the market before going under contract, compared to 137 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97212?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97212 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 137 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 97212 save an estimated $16,139 compared to a typical 5% commission on the median listing price of $806,950. 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.