Forest Grove, OR 97116 Housing Market
- Active listings55currently for sale
- Pending sales7under contract
- Median asking price$574,995current listings
- Listing age64 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)340a tracked sample, not a market total
- Median sold price$510,000last 6 months
- Middle half of sold prices$447k to $590k25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 55 active listings and 7 pending sales in ZIP code 97116. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $574,995, while the median of the 340 closed sales Resideline tracked over the last six months was $510,000. 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 64 days.
Frequently asked questions
What is the median home price in 97116?
The median closed sale price in Forest Grove, OR 97116 was $510,000 over the last six months, based on 340 closed sales tracked by Resideline. The middle half of those sales ranged from $447,000 to $589,900.
Is 97116 a buyer's or seller's market?
Resideline is currently tracking 7 pending sales against 55 active listings in 97116, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97116 currently looks like a balanced market.
Nearby ZIP code market data
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- 97045 Oregon City, OR
- 97229 Portland, OR
- 97756 Redmond, OR
- 97224 Tigard, OR
- 97701 Bend, OR