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All market snapshots / 97211

Portland, OR 97211 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: 0.17
ActiveActive listings: 3535PendingPending sales: 66
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): $525k$525kSoldMedian sold price (last 6 months): $590k$590k
What homes actually sell for in Portland, OR
Distribution of 264 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $440k to $735k
$300k to $380k: 26 sales$300k$380k to $460k: 37 sales$460k to $540k: 34 sales$460k$540k to $620k: 34 sales$620k to $700k: 39 sales39sales$620k$700k to $780k: 27 sales$780k to $860k: 19 sales$780k$860k to $940k: 21 salesMedian $590k

What the numbers say

As of October 5, 2026, Resideline is tracking 35 active listings and 6 pending sales in ZIP code 97211. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $524,900, while the median of the 264 closed sales Resideline tracked over the last six months was $590,000. 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 97211 for 61 days.

Frequently asked questions

What is the median home price in 97211?

The median closed sale price in Portland, OR 97211 was $590,000 over the last six months, based on 264 closed sales tracked by Resideline. The middle half of those sales ranged from $440,000 to $735,000.

Is 97211 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 35 active listings in 97211, a pending-to-active ratio of 0.17. 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, 97211 currently looks like a balanced market.

Nearby ZIP code market data

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