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All market snapshots / 97116

Forest Grove, OR 97116 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Forest Grove, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5252PendingPending sales: 22
Forest Grove, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $572k$572kSoldMedian sold price (last 6 months): $502k$502k
What homes actually sell for in Forest Grove, OR
Distribution of 271 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $440k to $589k
$285k to $365k: 14 sales$285k$365k to $445k: 41 sales$445k to $525k: 83 sales83sales$445k$525k to $605k: 63 sales$605k to $685k: 16 sales$605k$685k to $765k: 15 sales$765k to $845k: 6 sales$765k$845k to $925k: 5 salesMedian $502k

What the numbers say

As of October 26, 2026, Resideline is tracking 52 active listings and 2 pending sales in ZIP code 97116. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $572,497, while the median of the 271 closed sales Resideline tracked over the last six months was $501,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97116 for 92 days.

Frequently asked questions

What is the median home price in 97116?

The median closed sale price in Forest Grove, OR 97116 was $501,500 over the last six months, based on 271 closed sales tracked by Resideline. The middle half of those sales ranged from $439,900 to $589,000.

Is 97116 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 52 active listings in 97116, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97116 is currently a slower-moving market.

Nearby ZIP code market data

Full Forest Grove, OR housing market report →

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