Published October 25, 2026 in Market Update

One part of Slabtown & Hillside is moving faster, even with rates above 7%

By Becky Jackson
Real estate, Slabtown & Hillside

Freddie Mac put the average 30-year fixed rate at 7.32% as of October 22, 2026. That is a real headwind. But the Real Estate Data Aggregator counted 47 homes sold in ZIP 97210 in the three months ending August 31, 2026, and 30.4% of them went under contract within two weeks of listing. That share rose 11.9 points from the same period in 2025. Rates are high, and parts of this market are still moving.

30-year fixed rate, October 22, 2026 (Freddie Mac)
Source: Freddie Mac, read Oct 25, 2026

Not every ZIP code here looks the same. The Real Estate Data Aggregator shows the three months ending August 31, 2026 told three different stories across Slabtown & Hillside.

How each ZIP code compared

Three ZIP codes, three months ending August 31, 2026 (Real Estate Data Aggregator)
972109720197205
Median sale price$849,000$439,000$457,500
Median days on market356989
Under contract in 2 weeks30.4%13.8%11.5%
Sale-to-list price97.9%96.2%99.1%
Sold above list price17%8.8%3.9%
Real Estate Data Aggregator, three months ending August 31, 2026.

ZIP 97210: the fastest corner

The Real Estate Data Aggregator put the median days on market in 97210 at 35 days for the three months ending August 31, 2026. That was 15 days shorter than the same period in 2025. Nearly 17% of homes sold above list price, up 4.5 points from a year before. The median sale price was $849,000, though that was down 5.7% from 2025. Prices dipped a little, but homes sold faster and closer to asking.

ZIP 97210 at a glance, three months ending August 31, 2026
Median days on market
15 days shorter than 2025
Under contract in 2 weeks
Up 11.9 points from 2025
Sold above list price
Up 4.5 points from 2025
Sale-to-list price
Up 1.3 points from 2025
Homes sold
Down 16.1% from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

ZIP 97201: steadier ground

The Real Estate Data Aggregator counted 57 homes sold in 97201 in the three months ending August 31, 2026. That was up 5.6% from 2025. The median sale price rose 7.9% to $439,000. Days on market came in at 69, which was 12 days shorter than a year before. Only 13.8% of homes went under contract within two weeks, and that share fell 3.4 points from 2025. More sales, higher prices, but buyers are taking their time.

ZIP 97201 at a glance, three months ending August 31, 2026
Median sale price
Up 7.9% from 2025
Homes sold
Up 5.6% from 2025
Median days on market
12 days shorter than 2025
Under contract in 2 weeks
Down 3.4 points from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

ZIP 97205: more time needed

The Real Estate Data Aggregator shows 97205 had a median of 89 days on market in the three months ending August 31, 2026. That was 18 days longer than the same period in 2025. Only 11.5% of homes went under contract within two weeks. The median sale price jumped 34.6% to $457,500, but that big move came from just 26 sales. A small sample can swing a percentage hard. The sale-to-list ratio was 99.1%, which shows that priced-right homes here still sold close to asking.

ZIP 97205 at a glance, three months ending August 31, 2026
Median sale price
Up 34.6% from 2025
Homes sold
Up 13% from 2025
Median days on market
18 days longer than 2025
Sale-to-list price
Up 2.3 points from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The wider picture

Across all three ZIPs together, the Real Estate Data Aggregator counted 130 homes sold in Slabtown & Hillside in the three months ending August 31, 2026. That was down 2.3% from 2025. New listings rose 11.8% to 171. Homes for sale fell 7% to 240. More new listings came in, but overall inventory still shrank. Nationally, the National Association of Realtors reported existing-home sales rose 1.5% in September 2026 to 3.99 million. The national trend and the local one are both cautiously positive.

Median days on market by ZIP, three months ending August 31, 2026
97210 – Portland, OR35 days97201 – Portland, OR69 days97205 – Portland, OR89 days
Real Estate Data Aggregator. Lower is faster.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026
Share under contract within two weeks by ZIP, three months ending August 31, 2026
97210 – Portland, OR30.4%97201 – Portland, OR13.8%97205 – Portland, OR11.5%
Real Estate Data Aggregator. Higher means more homes moved quickly.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Nationally, Realtor.com reported that price cuts hit 20.8% of listings in September 2026, the highest share since October 2022. That is a reminder that overpricing still carries a real cost, even in a faster ZIP like 97210. Zillow reported on October 23, 2026 that newly pending existing-home sales dropped 12.8% year-over-year on a rolling weekly basis. Buyers are selective. Prep and pricing still matter.

In short
  1. ZIP 97210 had 30.4% of homes go under contract within two weeks and a 35-day median, both per the Real Estate Data Aggregator for the three months ending August 31, 2026. That is nearly twice the pace of 97201 and more than twice that of 97205. Freddie Mac put the 30-year rate at 7.32% as of October 22, 2026. Even so, the right home at the right price in 97210 is moving.
  2. The other two ZIPs reward patience and careful pricing.

One street can read very differently from the whole ZIP code. The numbers above cover broad areas. Your block, your home type, and your price point all shift the picture.

Your next step

(503) 680-1440

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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