Is Portland, OR 97232 a buyer’s or seller’s market?
Portland is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score68/ 100
More competitive than 72% of U.S. ZIP codes, and #33 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 supply5.4Under 4 months = seller’s market
Sold above original list34.8%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$326▲ +1.1% vs. last year
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Nearby markets
Corbett 97019Balanced $309 /sq ftFairview 97024Seller’s market $284 /sq ftGresham 97030Seller’s market $254 /sq ftGresham 97080Seller’s market $269 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology