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Is Portland, OR 97227 a buyer’s or seller’s market?

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

Portland is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7Under 4 months = seller’s market

Sold above original list40%Share of sales, last 3 months

Median sale-to-list100.1%Sold price ÷ list price

Median days on market119Listing to accepted offer

Median price per sq ft$294▲ +30.0% vs. last year

Run the numbers for 97227

Prefilled for 97227Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97227Over-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 →

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