Market Intelligence · OR / Portland

Portland, OR 97266 Housing Market

In Portland, OR 97266, the typical home value is $402,819, down 0.6% over the past year. The median list price is $410,000, and the median days on market is 58. That points to a market where pricing is close to value, but buyers still have time to compare options.

Updated August 2026Median value$395K

The median home value in Portland, OR 97266 is $395K as of August 2026, down 0.4% 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

$363K to $427K

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

-0.4% over 12 months

Typical home value in 97266 over the last 12 months: $397K in Aug 2025 to $395K in Aug 2026 (-0.4%).

Aug 2025$397K

Aug 2026$395K

The numbers

What is the 97266 housing market like?

Typical home value

$395K

Down0.4%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97266 home prices compare?

  • 97266$394,952
  • Portland$550,740
  • Oregon$458,140
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There are 113 homes for sale in 97266, with 32 new listings adding fresh choices. The median list price is $410,000, while the typical home value is $402,819 and is down 0.6% over the past year. A median days on market of 58 suggests sales are not instant. The share of listings with a price cut is 29.7%, which shows some sellers are adjusting after testing higher prices. For a seller, the honest read is that correct pricing matters more than optimism.

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