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Ardenwald Ardenwald-Brentwood Ardenwald-Woodstock Kellogg Park

PORTLAND, OR 97222

Real Estate Market Report  ·  Clackamas County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97222

Ardenwald · Ardenwald-Brentwood · Ardenwald-Woodstock · Kellogg Park

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PORTLAND, OR real estate market (97222) currently shows 86 active listings, with 31 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 36 days last year.

The median listing price has fallen 23.7% year-over-year, from $550,000 to $419,725.

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.

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Market Context

Market Context

Population: 37,058  ·  Density: 1,654.4/mi²  ·  Median household income: $75,434

Typical home value: $432,171  ·  Homeownership: 54.2%

Market Overview

Active Listings
86
⇧ 30.3% vs 66 last year
Pending
31
36% pending ratio
Median Price
$419,725
⇩ 23.7% vs $550,000 last year
Average Price
$515,556
⇩ 25.9% vs $695,592 last year
Days on Market
85
⇧ 136.1% vs 36 days last year

Price Per Square Foot

Median $/sqft
$273
⇩ 10.2% vs $304/sqft last year
Median Home Size
1,350 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 66 last year
  • Days on market: 85 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $419,725 (-23.7% YoY)
  • Average: $515,556 (-25.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.6 miles — 1,101 listings ($620,074,207 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97222Portland, OR 972220.0 mi81$41,947,065$417,500$517,865
97206Portland, OR 972062.9 mi145$66,344,025$427,000$457,545
97027Gladstone, OR 970273.9 mi32$17,297,664$562,500$540,552
97266Portland, OR 972664.0 mi92$40,095,348$399,900$435,819
97015Clackamas, OR 970154.2 mi49$30,313,262$637,438$618,638
97239Portland, OR 972394.9 mi118$90,335,490$674,900$765,555
97214Portland, OR 972145.2 mi41$26,454,184$639,925$645,224
97216Portland, OR 972165.8 mi49$15,785,742$304,200$322,158
97236Portland, OR 972366.0 mi99$50,432,778$467,500$509,422
97221Portland, OR 972216.6 mi34$66,802,282$999,500$1,964,773
97213Portland, OR 972136.7 mi84$40,141,248$457,450$477,872
97209Portland, OR 972097.0 mi194$102,954,054$399,900$530,691
97233Portland, OR 972337.6 mi83$31,171,065$379,250$375,555

Frequently Asked Questions

How many homes are for sale in PORTLAND, OR 97222?

As of March 2026, there are 86 active listings in PORTLAND, OR (zip code 97222), compared to 66 the prior year.

What is the median home price in PORTLAND, OR 97222?

The median listing price in PORTLAND, OR 97222 is $419,725 as of March 2026, a 23.7% decrease from $550,000 the prior year.

How long do homes stay on the market in PORTLAND, OR?

Homes in PORTLAND, OR 97222 spend an average of 85 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in PORTLAND, OR 97222?

Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97222 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 36 days last year.

How much can I save on real estate commission in PORTLAND, OR?

With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97222 save an estimated $8,395 compared to a typical 5% commission on the median listing price of $419,725. 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.