Ashcreek
Data as of April 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97223) currently shows 126 active listings, with 45 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
The median listing price has fallen 5.6% year-over-year, from $624,500 to $589,350.
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 April 2026, there are 126 active listings in PORTLAND, OR (zip code 97223), compared to 136 the prior year.
The median listing price in PORTLAND, OR 97223 is $589,350 as of April 2026, a 5.6% decrease from $624,500 the prior year.
Homes in PORTLAND, OR 97223 spend an average of 33 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PORTLAND, OR 97223 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97223 save an estimated $11,787 compared to a typical 5% commission on the median listing price of $589,350. 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.