Start Free
All market snapshots / 97203

Portland, OR 97203 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Portland, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 4141PendingPending sales: 11
Portland, 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): $475k$475kSoldMedian sold price (last 6 months): $450k$450k
What homes actually sell for in Portland, OR
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $339k to $525k
$225k to $282k: 17 sales$225k$282k to $338k: 37 sales$338k to $395k: 29 sales$338k$395k to $452k: 43 sales$452k to $509k: 51 sales51sales$452k$509k to $566k: 36 sales$566k to $622k: 22 sales$566k$622k to $679k: 9 salesMedian $450k

What the numbers say

As of October 5, 2026, Resideline is tracking 41 active listings and 1 pending sales in ZIP code 97203. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $474,900, while the median of the 270 closed sales Resideline tracked over the last six months was $449,900. 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 97203 for 67 days.

Frequently asked questions

What is the median home price in 97203?

The median closed sale price in Portland, OR 97203 was $449,900 over the last six months, based on 270 closed sales tracked by Resideline. The middle half of those sales ranged from $339,017 to $525,000.

Is 97203 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 41 active listings in 97203, a pending-to-active ratio of 0.02. 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, 97203 currently looks like a balanced market.

Nearby ZIP code market data

Full Portland, OR housing market report →

Running a deal in 97203? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 97203 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.