Market reports → Portland 97206

Home values June 2026 · sales May 2026

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.

$474,778Typical home value (Zillow)
$465,000Median sale price
$345Per square foot
10 daysMedian time on market
102.3%Of asking price, typically
55%Sell above list
202Sold last month
134Homes on the market

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.

Five years of 97206

Where values have actually been.

-0.4% year over year

Jul 2021$486,315 → $474,778Jun 2026

Typical values in Portland 97206 are down 0.4% year over year. Over the last 5 years they are down 2.4%.

Straight answers

97206 questions, answered.

Are home values in 97206 going up or down?

Typical values in Portland 97206 are down 0.4% year over year. Over the last 5 years they are down 2.4%.

What is the typical home value in 97206?

Zillow's home value index puts the typical Portland 97206 home at $474,778 as of June 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 June 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 through June 2026, Redfin market data through May 2026. Figures refresh as new data lands.

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