Is Portland, OR 97201 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Portland is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score15/ 100

More competitive than 8% of U.S. ZIP codes, and #159 of 170 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.8Under 4 months = seller’s market

Sold above original list8.8%Share of sales, last 3 months

Median sale-to-list96.2%Sold price ÷ list price

Median days on market69Listing to accepted offer

Median price per sq ft$303▼ −6.5% vs. last year

Run the numbers for 97201

Prefilled for 97201Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97201Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Corbett 97019Balanced $309 /sq ft Fairview 97024Seller’s market $284 /sq ft Gresham 97030Seller’s market $254 /sq ft Gresham 97080Seller’s market $269 /sq ft Browse all markets →

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Multnomah County property taxes Multnomah County loan limits Closing costs in Oregon Hottest ZIP codes in Oregon

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology