Is Portland, OR 97220 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Portland is a seller’s market. With about 2.4 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 81% of U.S. ZIP codes, and #12 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 supply2.4Under 4 months = seller’s market

Sold above original list38.9%Share of sales, last 3 months

Median sale-to-list100.4%Sold price ÷ list price

Median days on market23Listing to accepted offer

Median price per sq ft$325▲ +18.7% vs. last year

Run the numbers for 97220

Prefilled for 97220Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97220Over-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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More tools for 97220

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

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