Market reports → Portland 97206
Updated May 2026 · Zillow + Redfin data
Portland 97206, by the numbers.
Multnomah County, OR. What homes are worth here, how fast they move, and what that means if you are buying or selling.
What this means
Inventory in 97206 is thin (134 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 102.3% of asking price, and 55% of sales close above list.
Straight answers
97206 questions, answered.
What is the typical home value in 97206?
Zillow's home value index puts the typical Portland 97206 home at $475,017 as of May 2026.
How fast do homes sell in 97206?
The median time to pending in Portland 97206 is 10 days, based on Redfin sales data through May 2026.
Is 97206 a buyer's or seller's market right now?
Inventory in 97206 is thin (134 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 102.3% of asking price, and 55% of sales close above list.
What do homes sell for per square foot in 97206?
The median sale price is $465,000, which works out to about $345 per square foot.
Sources: Zillow Home Value Index and Redfin market data through May 2026. Figures refresh as new data lands.
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