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Data as of April 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97221) currently shows 60 active listings, with 15 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 31 days on market compared to 37 days last year.
The median listing price has fallen 0.6% year-over-year, from $942,000 to $936,750.
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 April 2026, there are 60 active listings in PORTLAND, OR (zip code 97221), compared to 70 the prior year.
The median listing price in PORTLAND, OR 97221 is $936,750 as of April 2026, a 0.6% decrease from $942,000 the prior year.
Homes in PORTLAND, OR 97221 spend an average of 31 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PORTLAND, OR 97221 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 31 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97221 save an estimated $18,735 compared to a typical 5% commission on the median listing price of $936,750. 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.