Published October 18, 2026 in Market Update

The tightest part of West-side Portland is moving fast

By Tony Apa

Real estate, West-side Portland area

Here is the number that changes what you should do: Redfin counted 11,123 estimated home sellers in the Portland market in September 2026. That is a lot of competition. But the Real Estate Data Aggregator tells a different story inside ZIP 97225. Supply there dropped to 2.9 months in the three months ending August 31, 2026. That is the tightest reading in West-side Portland. Tight supply means less room for error on price and prep.

Nationally, Redfin reported that sellers outnumber buyers by 62.6% in September 2026, the biggest gap since 2013. Portland fits that picture at the broad level: Redfin put Portland at 58.3% seller-heavy. ZIP 97225 is a pocket inside that picture where buyers are still moving.

How fast homes are moving in 97225

The Real Estate Data Aggregator counted 92 homes sold in ZIP 97225 in the three months ending August 31, 2026. That is up 15% from the same months in 2025. Pending sales hit 93, up 12% year over year. Buyers are still writing offers here.

Not every number points up. The median sale price in ZIP 97225 came in at $720,000 for those same three months. That is down 9.1% from a year before. Prices dipped even as sales picked up. That gap matters if you are setting a list price. The market rewards well-priced homes. It does not reward wishful ones.

How 97225 compares with 97229

ZIP 97229 is not slow. The Real Estate Data Aggregator counted 278 homes sold there in the three months ending August 31, 2026, up 10.3% from a year before. Median days on market dropped 6 days to 28. Supply fell 1.2 months to 3.5. The median sale price held at $807,500, up 1.9%. That is a steadier, higher-priced market. 97225 is tighter and faster.

What the wider market says

Realtor.com reported that mortgage rates topped 7% in September 2026. That slows buyers nationally. Realtor.com also reported that 20.8% of listings saw a price reduction in September 2026, the highest share since 2018. The Federal Housing Finance Agency put U.S. home prices up just 2.6% from July 2025 to July 2026. The national picture is soft. West-side Portland, especially 97225, is holding up better than that headline.

Across both ZIPs together, the Real Estate Data Aggregator counted 370 homes sold and 380 pending sales in the three months ending August 31, 2026. Homes for sale fell 18.5% from a year before to 406. New listings rose 7.5% to 488. More sellers are listing. Fewer homes are sitting. That combination keeps the market moving.

One more thing: a ZIP code is a big area. One street can read very differently from the whole ZIP. The numbers above are real counts from the Real Estate Data Aggregator, but your block may be faster or slower than the median. I can tell you where your specific address sits.