Start Free
All market snapshots / 97220

Portland, OR 97220 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: 0.12
ActiveActive listings: 3232PendingPending sales: 44
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): $386k$386kSoldMedian sold price (last 6 months): $426k$426k
What homes actually sell for in Portland, OR
Distribution of 197 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $382k to $499k
$255k to $306k: 11 sales$255k$306k to $358k: 18 sales$358k to $409k: 33 sales$358k$409k to $460k: 55 sales55sales$460k to $511k: 31 sales$460k$511k to $562k: 15 sales$562k to $614k: 10 sales$562k$614k to $665k: 4 salesMedian $426k

What the numbers say

As of September 14, 2026, Resideline is tracking 32 active listings and 4 pending sales in ZIP code 97220. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $386,050, while the median of the 197 closed sales Resideline tracked over the last six months was $426,000. 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 64 days.

Frequently asked questions

What is the median home price in 97220?

The median closed sale price in Portland, OR 97220 was $426,000 over the last six months, based on 197 closed sales tracked by Resideline. The middle half of those sales ranged from $381,500 to $499,000.

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

Resideline is currently tracking 4 pending sales against 32 active listings in 97220, a pending-to-active ratio of 0.12. 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 →
Run any 97220 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.