Market Intelligence · OR / Portland

Portland, OR 97266 Housing Market

The typical home value in Portland, OR 97266 is $402,819, down 0.6% over the past year. The median list price sits at $427,450, with homes taking a median of 55 days to sell.

Updated August 2026Median value$403K

The median home value in Portland, OR 97266 is $403K as of August 2026, down 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97266 range

$371K to $435K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.6% over 12 months

Typical home value in 97266 over the last 12 months: $405K in Jul 2025 to $403K in Jul 2026 (-0.6%).

Jul 2025$405K

Jul 2026$403K

The numbers

What is the 97266 housing market like?

Typical home value

$403K

Down0.6%YoY

Median list price

$410K

Down4.1%MoM

Days on market

58

Up5.5%MoM

Homes for sale

113

Up2.7%MoM

Price cuts

29.7%

Down15.1%MoM

New listings

32

Down27.3%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97266 home prices compare?

  • 97266$402,819
  • Portland$559,538
  • Oregon$464,217
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,266 ZIPs).

Context

As of early July 2026, there are 110 homes for sale in this ZIP code, with 44 new listings added recently. The median time on market of 55 days reflects a methodical pace for the area. Price cuts are appearing on 35.0% of listings, which suggests sellers are adjusting to market conditions. The slight year-over-year decline in typical home value indicates a modest cooling. For sellers, this is a market where realistic pricing and preparation matter.

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