Is Forest Grove, OR 97116 a buyer’s or seller’s market?

The Forest Grove housing market right now

In the three months ending August 31, 2026, 24% of homes in Forest Grove, OR 97116 sold above their list price, the typical home went under contract in 30 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 101 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (63 days then) and the median sale price fell 3% to $519,775. Overall, Forest Grove is more competitive than a year ago, so tougher for buyers.

Within Washington County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Forest Grove ranks #51 of 170 OR ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Timber 97144 (0% sold over asking) or Gales Creek 97117 (0% sold over asking), while Beaverton 97078 (34% sold over asking) and Beaverton 97008 (33% sold over asking) are even more competitive.