Portland, OR 97204 housing market

Data through Sep 2026 · Seller's market · leverage 1

Buyer Leverage Score

Sep 2026

Months of Supply

3.1 months

Dec 2025

Days on Market

5 days

Sep 2026

Price Cut %

0.0%

Sep 2026

Sale-to-List Ratio

94.8%

Dec 2025

Expected Disaster Loss

$175

Dec 2025

What this means

Supply. Listings are 57% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
Negotiating. Buyer leverage is low (1/100; U.S.: 54): homes sell for about 5.2% below their final list price (as of Dec 2025); 0% of listings had a price cut (U.S.: 26%).
Disaster risk. FEMA expects about $175 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from earthquakes.

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Area	Home value	1-year change	Buyer leverage
Portland, OR 97206	$462.7K	+0.3%	32
Gresham, OR 97080	$513.9K	0.0%	46
Portland, OR 97230	$452.5K	+0.1%	50
Portland, OR 97202	$627.6K	+1.5%	24
Portland, OR 97219	$631.4K	+0.5%	59
Gresham, OR 97030	$432.6K	−1.4%	59
Portland, OR 97236	$429.6K	−0.2%	47
Portland, OR 97233	$398.7K	−0.1%	56
Portland, OR 97266	$395K	−0.4%	72
Portland, OR 97217	$493.6K	0.0%	63
Portland, OR 97211	$560.5K	+0.6%	17
Portland, OR 97203	$444.6K	−0.7%	39
Portland, OR 97213	$548.5K	+1.5%	34
Portland, OR 97212	$789K	+3.7%	19
Portland, OR 97214	$676.9K	+3.3%	23
Portland, OR 97220	$422.9K	0.0%	32
Portland, OR 97209	$338K	−9.0%	98
Troutdale, OR 97060	$478.4K	−1.3%	45
Portland, OR 97239	$594K	−0.3%	88
Portland, OR 97215	$649.6K	+3.0%	20
Portland, OR 97201	$429.2K	−2.8%	95
Portland, OR 97216	$420.3K	+0.4%	27
Portland, OR 97232	$654.3K	+4.0%	70
Portland, OR 97218	$471.8K	−0.5%	20
Portland, OR 97221	$754.7K	+0.5%	73
Fairview, OR 97024	$470.9K	−1.2%	37
Portland, OR 97210	$685.4K	+0.7%	89
Portland, OR 97205	$493.7K	+2.9%	92
Portland, OR 97227	$553K	−2.7%	77
Portland, OR 97231	$704.4K	+1.4%	95
Corbett, OR 97019	$653.6K	+0.8%	64
ZIP 97208	–	–	–
ZIP 97258	–	–	–