Market reports → Portland 97202
Updated May 2026 · Zillow + Redfin data
Portland 97202, 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 97202 is thin (81 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 101.2% of asking price, and 40% of sales close above list.
Straight answers
97202 questions, answered.
What is the typical home value in 97202?
Zillow's home value index puts the typical Portland 97202 home at $641,978 as of May 2026.
How fast do homes sell in 97202?
The median time to pending in Portland 97202 is 10 days, based on Redfin sales data through May 2026.
Is 97202 a buyer's or seller's market right now?
Inventory in 97202 is thin (81 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 101.2% of asking price, and 40% of sales close above list.
What do homes sell for per square foot in 97202?
The median sale price is $652,500, which works out to about $350 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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