Updated May 2026 · Redfin · 3-month window
97218 Real Estate Market Update: Portland, OR, May 2026
The latest housing-market numbers for ZIP code 97218 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 | $475K | ▼ -0.2% | ▲ +0.4% |
| Days on market | 18 | ▼ -7.7% | • 0.0% |
| Homes for sale | 26 | ▼ -16.1% | ▼ -42.2% |
| Sale-to-list | 102.2% | ▼ -0.3% | ▲ +0.1% |
| Homes sold | 48 | ▲ +14.3% | • 0.0% |
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 97218 numbers say
The 97218 ZIP in Portland is leveling off. The median sale price is $475,000, roughly flat year over year. Homes here move fast: a typical listing goes under contract in about 18 days, and sellers are getting 102.2% of list price.
Based on 48 recent sales, 97218 is currently an active market.
What this means if you sell in 97218
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 97218 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 97218 housing market
- What is the median home price in ZIP 97218 (Portland, OR)?
- As of May 2026, the median sale price in ZIP 97218 is $475,000 (+0.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 97218 a buyer's or seller's market right now?
- ZIP 97218 is currently an active market, based on a 102.2% sale-to-list ratio, about 18 days on market for May 2026.
- How long do homes take to sell in ZIP 97218?
- A typical listing in 97218 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 97218 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.