Market reports → Portland 97209
Home values June 2026 · sales May 2026
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.
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.
Five years of 97209
Where values have actually been.
-9.9% year over year
Typical values in Portland 97209 are down 9.9% year over year. Over the last 5 years they are down 22.3%.
For sale in 97209 right now
Every home on the market here.
See all 203 homes for sale in 97209 →
Recently sold in 97209
What closed lately.
Based on information from the RMLS for the period October 2, 2026 through October 7, 2026.
Listings from the RMLS IDX feed, each credited to its listing brokerage. The market figures above come from Zillow and Redfin and are not RMLS data.
Straight answers
97209 questions, answered.
Are home values in 97209 going up or down?
Typical values in Portland 97209 are down 9.9% year over year. Over the last 5 years they are down 22.3%.
What is the typical home value in 97209?
Zillow's home value index puts the typical Portland 97209 home at $346,249 as of June 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 through June 2026, Redfin market data through May 2026. Figures refresh as new data lands.
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