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Data as of June 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97221) currently shows 75 active listings, with 17 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
The median listing price has risen 3.5% year-over-year, from $899,950 to $931,238.
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 June 2026, there are 75 active listings in PORTLAND, OR (zip code 97221), compared to 93 the prior year.
The median listing price in PORTLAND, OR 97221 is $931,238 as of June 2026, a 3.5% increase from $899,950 the prior year.
Homes in PORTLAND, OR 97221 spend an average of 49 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PORTLAND, OR 97221 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97221 save an estimated $18,625 compared to a typical 5% commission on the median listing price of $931,238. 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.