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.
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
Typical values in Portland 97206 are down 0.4% year over year. Over the last 5 years they are down 2.4%.
The places behind the numbers
What it's like to live here.
For sale in 97206 right now
Every home on the market here.
Active
$2,199,900
5721 SE Woodstock Blvd · Portland
4,800 sqft
Listing courtesy of Keller Williams Realty Portland Premiere · 503-709-4632
Active
$1,550,000
5496 SE Boise St · Portland
Multi Family
Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate · 503-907-2280
Active
$5,999,900
5103 SE Martins St · Portland
18,679 sqft
Listing courtesy of Keller Williams Realty Portland Premiere · 503-709-4632
Active
$399,900
6980 SE 45th Ave · Portland
3 bd · 3 ba · 1,260 sqft
Listing courtesy of The Koval Group · 503-548-8008
See all 177 homes for sale in 97206 →
Recently sold in 97206
What closed lately.
Sold
Sold for $299,000
8071 SE Carlton St · Portland
3 bd · 2 ba · 1,099 sqft
Listing courtesy of Proud Ground · 503-493-0293
Based on information from the RMLS for the period November 10, 2026 through November 10, 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
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 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 through June 2026, Redfin market data through May 2026. Figures refresh as new data lands.
Own a home in 97206?
Find out what yours is worth.
These are area medians. Your home is not a median, and Lauren prices it like it.
Thinking it through? Send me a note, no pressure ever.