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Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97221) currently shows 42 active listings, with 10 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 32 days on market compared to 33 days last year.
The median listing price has risen 1.9% year-over-year, from $900,000 to $917,200.
Whether you are buying or selling in PORTLAND, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 13,154 · Density: 1,152.8/mi² · Median household income: $135,250
Typical home value: $726,409 · Homeownership: 71.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97221 | Portland, OR 97221 | 0.0 mi | 34 | $66,802,282 | $999,500 | $1,964,773 |
| 97205 | Portland, OR 97205 | 1.9 mi | 50 | $31,149,600 | $374,950 | $622,992 |
| 97225 | Portland, OR 97225 | 2.1 mi | 58 | $47,025,124 | $656,475 | $810,778 |
| 97219 | Portland, OR 97219 | 3.3 mi | 154 | $122,172,820 | $585,000 | $793,330 |
| 97005 | Beaverton, OR 97005 | 3.7 mi | 35 | $14,952,525 | $447,450 | $427,215 |
| 97214 | Portland, OR 97214 | 4.2 mi | 41 | $26,454,184 | $639,925 | $645,224 |
| 97008 | Beaverton, OR 97008 | 4.5 mi | 56 | $27,189,960 | $514,000 | $485,535 |
| 97223 | Portland, OR 97223 | 4.7 mi | 119 | $77,339,409 | $579,925 | $649,911 |
| 97229 | Portland, OR 97229 | 5.4 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 97215 | Portland, OR 97215 | 6.3 mi | 31 | $24,193,020 | $655,000 | $780,420 |
| 97034 | Lake Oswego, OR 97034 | 6.5 mi | 133 | $296,475,487 | $1,697,500 | $2,229,139 |
| 97222 | Portland, OR 97222 | 6.7 mi | 81 | $41,947,065 | $417,500 | $517,865 |
| 97213 | Portland, OR 97213 | 6.8 mi | 84 | $40,141,248 | $457,450 | $477,872 |
As of March 2026, there are 42 active listings in PORTLAND, OR (zip code 97221), compared to 51 the prior year.
The median listing price in PORTLAND, OR 97221 is $917,200 as of March 2026, a 1.9% increase from $900,000 the prior year.
Homes in PORTLAND, OR 97221 spend an average of 32 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97221 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97221 save an estimated $18,344 compared to a typical 5% commission on the median listing price of $917,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.