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Data as of July 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97221) currently shows 75 active listings, with 14 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 59 days on market compared to 65 days last year.
The median listing price has risen 7.6% year-over-year, from $916,250 to $986,250.
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 July 2026, there are 75 active listings in PORTLAND, OR (zip code 97221), compared to 88 the prior year.
The median listing price in PORTLAND, OR 97221 is $986,250 as of July 2026, a 7.6% increase from $916,250 the prior year.
Homes in PORTLAND, OR 97221 spend an average of 59 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PORTLAND, OR 97221 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97221 save an estimated $19,725 compared to a typical 5% commission on the median listing price of $986,250. 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.