Start Free
All market snapshots / 97206

Portland, OR 97206 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Portland, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 7070PendingPending sales: 22
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): $405k$405kSoldMedian sold price (last 6 months): $452k$452k
What homes actually sell for in Portland, OR
Distribution of 445 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $558k
$279k to $341k: 58 sales$279k$341k to $403k: 73 sales$403k to $466k: 81 sales81sales$403k$466k to $528k: 72 sales$528k to $591k: 48 sales$528k$591k to $653k: 31 sales$653k to $715k: 19 sales$653k$715k to $778k: 18 salesMedian $452k

What the numbers say

As of September 14, 2026, Resideline is tracking 70 active listings and 2 pending sales in ZIP code 97206. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $405,000, while the median of the 445 closed sales Resideline tracked over the last six months was $451,900. 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 97206 for 64 days.

Frequently asked questions

What is the median home price in 97206?

The median closed sale price in Portland, OR 97206 was $451,900 over the last six months, based on 445 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $557,500.

Is 97206 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 70 active listings in 97206, a pending-to-active ratio of 0.03. 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, 97206 currently looks like a balanced market.

Nearby ZIP code market data

Full Portland, OR housing market report →
Run any 97206 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.