Is Portland, OR 97267 a buyer’s or seller’s market?

The Portland housing market right now

In the three months ending August 31, 2026, 24% of homes in Portland, OR 97267 sold above their list price, the typical home went under contract in 21 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 104 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold about as fast and the median sale price rose 3% to $574,751. Overall, Portland is less competitive than a year ago, which gives buyers more room.

Within Clackamas County, homes here sell faster than in 74% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Portland ranks #35 of 170 OR ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Government Camp 97028 (0% sold over asking) or Beavercreek 97004 (0% sold over asking), while Clackamas 97015 (35% sold over asking) and Portland 97222 (35% sold over asking) are even more competitive.