Is Portland, OR 97239 a buyer’s or seller’s market?

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

Portland is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market

Sold above original list14.9%Share of sales, last 3 months

Median sale-to-list98.4%Sold price ÷ list price

Median days on market51Listing to accepted offer

Median price per sq ft$321▼ −3.5% vs. last year

Run the numbers for 97239

Prefilled for 97239Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97239Over-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