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Updated July 2026Zillow Research

Portland vs Seattle: real estate market, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

A side-by-side housing-market snapshot for Portland, OR and Seattle, WA for July 2026: Portland at a $545K median versus $843K in Seattle, plus days to pending and the buyer-vs-seller balance, built on Zillow Research figures.

Portland vs Seattle, July 2026: value with year-over-year change. Source: Zillow Research.
MetricPortland, ORSeattle, WA
Median sale price$545K ▼ -1.8%$843K ▼ -1.1%
Days to pending45 • 0.0%41 ▲ +13.9%
Homes for sale2,942 ▼ -7.2%2,771 ▲ +7.0%
Sale-to-list101.0% ▲ +0.2%100.4% ▼ -0.3%
Months of supply (est.)3.1 ▲ +3.6%2.3 ▲ +2.2%
Homes sold (est.)1,380 ▼ -1.6%1,640 ▼ -1.0%

(est.) = LOKAL estimate, not published by the source at city level.

Metro figures from Zillow Research, ZIP figures from Zillow Research where published, otherwise from the last public Redfin release (each post names its source). Verify against your MLS before posting.

The verdict

As of July 2026, Portland is the more affordable of the two at a $544,636 median sale price, about 35% below Seattle ($842,613). Seattle is the faster-moving market, with homes going under contract in about 41 days versus 45 in Portland.

Which market fits your client?

For a buyer client, Portland offers a little more breathing room, with an estimated 3.1 months of supply against 2.3 in Seattle, which usually means less bidding pressure. For a seller client, Seattle is the tighter market, with a 100.4% sale-to-list ratio. On price momentum, Seattle is appreciating faster (-1.1% vs -1.8% year over year).

How we compare these markets

We built LOKAL to pull Portland's and Seattle's numbers straight from Zillow Research, so an agent and a client compare like for like. For July 2026 we recorded a $545K median in Portland and a $843K median in Seattle, against roughly $555K a year earlier in 2025. Zillow Research has published these city-level series monthly since 2018, which is what lets us show year-over-year change here in 2026. For complementary demographics on each metro (population and median household income), see the U.S. Census Bureau. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

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LOKAL builds the finished carousel, story and square, with these Zillow Research figures already in place, for Portland or Seattle.

Full Portland and Seattle market updates

Portland, OR market update Seattle, WA market update All Oregon metros All Washington metros

Frequently asked

Is Portland or Seattle more affordable?
As of July 2026, Portland is the more affordable market at a $544,636 median sale price, about 35% below Seattle ($842,613), per Zillow Research.
Which market moves faster, Portland or Seattle?
Seattle moves faster: a typical listing goes under contract in about 41 days, versus 45 days in Portland (July 2026).
Is Portland or Seattle better for buyers right now?
Portland gives buyers a little more room, with an estimated 3.1 months of supply versus 2.3 in Seattle. More months of supply usually means less competition and more negotiating leverage for buyers.
Where do these Portland and Seattle numbers come from?
Both metros draw on Zillow Research, refreshed monthly. LOKAL turns the figures into a ready-to-post carousel, story and square for either city. LOKAL is not affiliated with Zillow; always verify against your local MLS before quoting figures to clients.
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Data from Zillow Research. Figures are metro-level snapshots, not valuations for a specific home.