Ashcreek
Data as of July 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97223) currently shows 146 active listings, with 47 pending sales. Homes are averaging 42 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 selling faster, averaging 42 days on market compared to 53 days last year.
The median listing price has fallen 7.1% year-over-year, from $624,750 to $580,500.
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 July 2026, there are 146 active listings in PORTLAND, OR (zip code 97223), compared to 163 the prior year.
The median listing price in PORTLAND, OR 97223 is $580,500 as of July 2026, a 7.1% decrease from $624,750 the prior year.
Homes in PORTLAND, OR 97223 spend an average of 42 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PORTLAND, OR 97223 is currently a Seller's Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97223 save an estimated $11,610 compared to a typical 5% commission on the median listing price of $580,500. 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.