Market reports → Portland 97209

Updated May 2026 · Zillow + Redfin data

Portland 97209, 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.

$347,796Typical home value (Zillow)
$365,000Median sale price
$360Per square foot
131 daysMedian time on market
96.9%Of asking price, typically
11%Sell above list
63Sold last month
180Homes on the market

What this means

Inventory in 97209 is thin (180 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 131 days, which is slowly, so pricing right on day one matters. Sellers are getting about 96.9% of asking price, and 11% of sales close above list.

Straight answers

97209 questions, answered.

What is the typical home value in 97209?

Zillow's home value index puts the typical Portland 97209 home at $347,796 as of May 2026.

How fast do homes sell in 97209?

The median time to pending in Portland 97209 is 131 days, based on Redfin sales data through May 2026.

Is 97209 a buyer's or seller's market right now?

Inventory in 97209 is thin (180 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 131 days, which is slowly, so pricing right on day one matters. Sellers are getting about 96.9% of asking price, and 11% of sales close above list.

What do homes sell for per square foot in 97209?

The median sale price is $365,000, which works out to about $360 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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