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All market snapshots / 97206

Portland, OR 97206 Housing Market

Data snapshot: October 26, 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: 6565PendingPending 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): $465k$465kSoldMedian sold price (last 6 months): $455k$455k
What homes actually sell for in Portland, OR
Distribution of 405 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $376k to $550k
$270k to $333k: 49 sales$270k$333k to $397k: 53 sales$397k to $460k: 86 sales86sales$397k$460k to $524k: 67 sales$524k to $587k: 46 sales$524k$587k to $651k: 28 sales$651k to $714k: 15 sales$651k$714k to $778k: 19 salesMedian $455k

What the numbers say

As of October 26, 2026, Resideline is tracking 65 active listings and 1 pending sales in ZIP code 97206. That pending-to-active ratio of 0.02 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 $464,999, while the median of the 405 closed sales Resideline tracked over the last six months was $455,000. 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 86 days.

Frequently asked questions

What is the median home price in 97206?

The median closed sale price in Portland, OR 97206 was $455,000 over the last six months, based on 405 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 1 pending sales against 65 active listings in 97206, a pending-to-active ratio of 0.02. 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, 97206 is currently a slower-moving market.

Nearby ZIP code market data

Full Portland, OR housing market report →

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