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All market snapshots / 97206

Portland, OR 97206 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: 0.05
ActiveActive listings: 6464PendingPending sales: 33
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): $444k$444kSoldMedian sold price (last 6 months): $450k$450k
What homes actually sell for in Portland, OR
Distribution of 435 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $376k to $550k
$270k to $333k: 55 sales$270k$333k to $397k: 58 sales$397k to $460k: 95 sales95sales$397k$460k to $524k: 70 sales$524k to $587k: 49 sales$524k$587k to $651k: 30 sales$651k to $714k: 17 sales$651k$714k to $778k: 17 salesMedian $450k

What the numbers say

As of October 5, 2026, Resideline is tracking 64 active listings and 3 pending sales in ZIP code 97206. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $443,500, while the median of the 435 closed sales Resideline tracked over the last six months was $450,000. 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 97206 for 70 days.

Frequently asked questions

What is the median home price in 97206?

The median closed sale price in Portland, OR 97206 was $450,000 over the last six months, based on 435 closed sales tracked by Resideline. The middle half of those sales ranged from $376,500 to $550,000.

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

Resideline is currently tracking 3 pending sales against 64 active listings in 97206, a pending-to-active ratio of 0.05. 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 →

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