Published October 25, 2026 in Market Update

One part of Portland Heights stayed much tighter than the rest

By Becky Jackson
Real estate, Portland Heights

The number that changes what you should do: in ZIP 97225, the Real Estate Data Aggregator counted a median of just 18 days on market. That is the three months ending August 31, 2026. The rest of Portland Heights tells a different story.

ZIP 97201 sat at 69 days, and 97205 sat at 89 days, per the Real Estate Data Aggregator. So if your home is in 97225, you are in a much tighter spot than the area average suggests.

Days on market: ZIP by ZIP

Median days on market, three months ending August 31, 2026
97225 – Portland, OR18 days97221 – Portland, OR25 days97201 – Portland, OR69 days97205 – Portland, OR89 days
Real Estate Data Aggregator. Lower is faster. 97225 was the quickest by a wide margin.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Speed is not the only gap. The Real Estate Data Aggregator found that 41.9% of homes in 97225 went under contract within two weeks of listing. That is up 9.4 points from the same period in 2025.

In 97201, only 13.8% went pending that fast, per the Real Estate Data Aggregator. In 97205, it was 11.5%. Those buyers had more time to think.

How quickly homes went under contract

Share going pending within two weeks, three months ending August 31, 2026
97225 – Portland, OR41.9%97221 – Portland, OR40.4%97201 – Portland, OR13.8%97205 – Portland, OR11.5%
Real Estate Data Aggregator. 97225 and 97221 were far ahead of the other two ZIPs.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Prices moved in opposite directions

Prices did not all move the same way either. The Real Estate Data Aggregator put the median sale price in 97225 at $720,000, down 9.1% from a year before. That is a real dip, and worth knowing if you are pricing a home there.

Meanwhile, 97221 came in at $846,500, up 9.2% year over year, per the Real Estate Data Aggregator. Two ZIPs, two very different price trends.

Median sale price and change, three months ending August 31, 2026
97225972219720197205
Median sale price$720,000$846,500$439,000$457,500
Year-over-year changedown 9.1%up 9.2%up 7.9%up 34.6%
Months of supply2.94.35.96.3
Sale to list price99.2%99.1%96.2%99.1%
Real Estate Data Aggregator. 97225 had the least supply and the closest sale-to-list ratio.

The 34.6% jump in 97205 looks striking. But that ZIP had only 26 homes sold, per the Real Estate Data Aggregator. A small number of sales can swing a median a long way. Take it as a signal, not a guarantee.

Supply tells the story clearly

The Real Estate Data Aggregator counted 2.9 months of supply in 97225. That is tight. In 97205, it was 6.3 months. More supply means buyers have more choices and more leverage.

Months of supply, three months ending August 31, 2026
97225
Tightest in Portland Heights
97221
More balanced
97201
Buyers have room
97205
Most supply of the four
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The wider picture adds context

Realtor.com reported that 31.3% of Portland metro listings saw a price cut in September 2026. That is a real number, and it fits with what the slower ZIPs here are showing.

Freddie Mac put the average 30-year fixed rate at 7.32% as of October 22, 2026. That rate shapes what buyers can afford, and it is one reason sellers in softer ZIPs are feeling more pressure.

The National Association of Realtors reported that existing-home sales rose 1.5% in September 2026, reaching 3.99 million units. Sales are moving, just not at the same pace everywhere.

Portland metro listings with a price cut, September 2026
Source: Realtor.com, Sep 30, 2026
Average 30-year fixed mortgage rate, October 22, 2026 (Freddie Mac)
Source: Freddie Mac, read Oct 25, 2026

What this means for you

Portland Heights as a whole sold 224 homes in the three months ending August 31, 2026, up 2.8% from a year before, per the Real Estate Data Aggregator. Homes for sale fell 7.8% across the area. The market is not standing still.

But the averages hide a lot. One ZIP moved in 18 days. Another took 89. If you price or plan based on the area average, you may be looking at the wrong number entirely.

In short
  1. 97225 was the tightest ZIP in Portland Heights: 18 median days, 2.9 months of supply, and 41.9% of homes under contract within two weeks.
  2. 97205 and 97201 gave buyers much more time.
  3. One street can read very differently from the ZIP code around it, and the ZIP code can read very differently from the one next door.

Your next step

(503) 680-1440

Text me your address and I will send back how long a home like yours is taking to sell in your part of Portland Heights, against what actually sold nearby. Takes a day, costs nothing.

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Where these numbers came from
Becky Jackson
Corcoran Prime · (503) 680-1440
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Becky Jackson is a licensed real estate agent with Corcoran Prime, license #860800195. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Becky Jackson · Corcoran PrimeEQUAL HOUSING OPPORTUNITY