Population: 13,154 · Density: 1,152.8/mi² · Median household income: $135,250
Typical home value: $726,409 · Homeownership: 71.2%
Data as of January 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97221) currently shows 32 active listings, with 7 pending sales. Homes are averaging 114 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 114 days on market compared to 98 days last year.
The median listing price has risen 6% year-over-year, from $891,200 to $944,800.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97221 | Portland, OR 97221 | 0.0 mi | 32 | $61,255,136 | $944,800 | $1,914,223 |
| 97205 | Portland, OR 97205 | 1.9 mi | 40 | $25,935,040 | $374,900 | $648,376 |
| 97225 | Portland, OR 97225 | 2.1 mi | 55 | $38,573,150 | $629,000 | $701,330 |
| 97219 | Portland, OR 97219 | 3.3 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97005 | Beaverton, OR 97005 | 3.7 mi | 32 | $14,469,344 | $435,000 | $452,167 |
| 97214 | Portland, OR 97214 | 4.2 mi | 36 | $22,827,384 | $599,950 | $634,094 |
| 97008 | Beaverton, OR 97008 | 4.5 mi | 47 | $22,960,393 | $525,000 | $488,519 |
| 97223 | Portland, OR 97223 | 4.7 mi | 101 | $65,439,415 | $585,000 | $647,915 |
| 97229 | Portland, OR 97229 | 5.4 mi | 259 | $221,917,675 | $799,000 | $856,825 |
| 97215 | Portland, OR 97215 | 6.3 mi | 25 | $18,446,350 | $599,900 | $737,854 |
| 97034 | Lake Oswego, OR 97034 | 6.5 mi | 96 | $201,617,280 | $1,647,000 | $2,100,180 |
| 97222 | Portland, OR 97222 | 6.7 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97213 | Portland, OR 97213 | 6.8 mi | 69 | $34,442,040 | $489,950 | $499,160 |
As of January 2026, there are 32 active listings in PORTLAND, OR (zip code 97221), compared to 49 the prior year.
The median listing price in PORTLAND, OR 97221 is $944,800 as of January 2026, a 6% increase from $891,200 the prior year.
Homes in PORTLAND, OR 97221 spend an average of 114 days on the market before going under contract, compared to 98 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97221 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 114 days on market compared to 98 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97221 save an estimated $18,896 compared to a typical 5% commission on the median listing price of $944,800. 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.