Updated May 2026 · Redfin · 3-month window
97203 Real Estate Market Update: Portland, OR, May 2026
The latest housing-market numbers for ZIP code 97203 in Portland, Oregon, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $479K | ▲ +0.5% | ▲ +8.9% |
| Days on market | 18 | ▼ -14.3% | ▲ +50.0% |
| Homes for sale | 98 | ▲ +4.3% | ▲ +12.6% |
| Sale-to-list | 100.7% | ▲ +0.3% | ▼ -1.5% |
| Homes sold | 109 | ▲ +4.8% | ▼ -5.2% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 97203 numbers say
Prices in Portland's 97203 ZIP are still climbing. The median sale price reached $479,000, up 8.9% year over year. Homes here move fast: a typical listing goes under contract in about 18 days, and sellers are getting 100.7% of list price.
Based on 109 recent sales, 97203 is currently an active market.
What this means if you sell in 97203
Use these figures to set expectations early. Lead a listing appointment with the median price and the 18-day pace, show the year-over-year direction, and frame 97203 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Portland post →Frequently asked: the 97203 housing market
- What is the median home price in ZIP 97203 (Portland, OR)?
- As of May 2026, the median sale price in ZIP 97203 is $479,000 (+8.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 97203 a buyer's or seller's market right now?
- ZIP 97203 is currently an active market, based on a 100.7% sale-to-list ratio, about 18 days on market for May 2026.
- How long do homes take to sell in ZIP 97203?
- A typical listing in 97203 goes under contract in about 18 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 97203 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.