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All market snapshots / 97220

Portland, OR 97220 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: 4040PendingPending 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): $425k$425kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Portland, OR
Distribution of 187 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $380k to $500k
$255k to $304k: 12 sales$255k$304k to $354k: 17 sales$354k to $403k: 32 sales$354k$403k to $452k: 45 sales45sales$452k to $502k: 27 sales$452k$502k to $551k: 17 sales$551k to $601k: 14 sales$551k$601k to $650k: 4 salesMedian $425k

What the numbers say

As of October 5, 2026, Resideline is tracking 40 active listings and 2 pending sales in ZIP code 97220. 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 $425,000, while the median of the 187 closed sales Resideline tracked over the last six months was $425,000. 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 97220 for 67 days.

Frequently asked questions

What is the median home price in 97220?

The median closed sale price in Portland, OR 97220 was $425,000 over the last six months, based on 187 closed sales tracked by Resideline. The middle half of those sales ranged from $380,000 to $500,000.

Is 97220 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 40 active listings in 97220, 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, 97220 currently looks like a balanced market.

Nearby ZIP code market data

Full Portland, OR housing market report →

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