Ashcreek
Data as of June 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97223) currently shows 150 active listings, with 55 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 46 days last year.
The median listing price has fallen 7.2% year-over-year, from $632,498 to $587,000.
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 June 2026, there are 150 active listings in PORTLAND, OR (zip code 97223), compared to 180 the prior year.
The median listing price in PORTLAND, OR 97223 is $587,000 as of June 2026, a 7.2% decrease from $632,498 the prior year.
Homes in PORTLAND, OR 97223 spend an average of 38 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PORTLAND, OR 97223 is currently a Seller's Market. Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97223 save an estimated $11,740 compared to a typical 5% commission on the median listing price of $587,000. 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.