Ashcreek
Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97223) currently shows 114 active listings, with 48 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 47 days on market compared to 44 days last year.
The median listing price has fallen 2% year-over-year, from $599,990 to $588,250.
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: 50,027 · Density: 1,745.8/mi² · Median household income: $104,463
Typical home value: $527,850 · Homeownership: 62.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97223 | Portland, OR 97223 | 0.0 mi | 119 | $77,339,409 | $579,925 | $649,911 |
| 97224 | Portland, OR 97224 | 2.5 mi | 154 | $93,833,124 | $584,725 | $609,306 |
| 97005 | Beaverton, OR 97005 | 3.7 mi | 35 | $14,952,525 | $447,450 | $427,215 |
| 97225 | Portland, OR 97225 | 4.3 mi | 58 | $47,025,124 | $656,475 | $810,778 |
| 97221 | Portland, OR 97221 | 4.7 mi | 34 | $66,802,282 | $999,500 | $1,964,773 |
| 97062 | Tualatin, OR 97062 | 5.0 mi | 71 | $50,506,063 | $574,850 | $711,353 |
| 97078 | Beaverton, OR 97078 | 6.0 mi | 65 | $33,306,910 | $513,713 | $512,414 |
| 97201 | Portland, OR 97201 | 6.4 mi | 117 | $97,775,262 | $362,250 | $835,686 |
| 97006 | Beaverton, OR 97006 | 7.0 mi | 111 | $48,234,051 | $363,425 | $434,541 |
| 97140 | Sherwood, OR 97140 | 7.3 mi | 110 | $96,325,790 | $694,930 | $875,689 |
| 97229 | Portland, OR 97229 | 7.8 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 97222 | Portland, OR 97222 | 7.8 mi | 81 | $41,947,065 | $417,500 | $517,865 |
| 97214 | Portland, OR 97214 | 8.3 mi | 41 | $26,454,184 | $639,925 | $645,224 |
As of March 2026, there are 114 active listings in PORTLAND, OR (zip code 97223), compared to 123 the prior year.
The median listing price in PORTLAND, OR 97223 is $588,250 as of March 2026, a 2% decrease from $599,990 the prior year.
Homes in PORTLAND, OR 97223 spend an average of 47 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97223 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97223 save an estimated $11,765 compared to a typical 5% commission on the median listing price of $588,250. 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.