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All market snapshots / 97230

Portland, OR 97230 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: 0.16
ActiveActive listings: 4444PendingPending sales: 77
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): $332k$332kSoldMedian sold price (last 6 months): $445k$445k
What homes actually sell for in Portland, OR
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $342k to $515k
$195k to $251k: 33 sales$195k$251k to $307k: 12 sales$307k to $364k: 14 sales$307k$364k to $420k: 34 sales$420k to $476k: 65 sales65sales$420k$476k to $532k: 44 sales$532k to $589k: 26 sales$532k$589k to $645k: 15 salesMedian $445k

What the numbers say

As of September 14, 2026, Resideline is tracking 44 active listings and 7 pending sales in ZIP code 97230. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $331,999, while the median of the 270 closed sales Resideline tracked over the last six months was $445,000. 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 97230 for 63 days.

Frequently asked questions

What is the median home price in 97230?

The median closed sale price in Portland, OR 97230 was $445,000 over the last six months, based on 270 closed sales tracked by Resideline. The middle half of those sales ranged from $342,500 to $515,000.

Is 97230 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 44 active listings in 97230, a pending-to-active ratio of 0.16. 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, 97230 currently looks like a balanced market.

Nearby ZIP code market data

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