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Data as of September 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97227) currently shows 19 active listings, with 5 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 83 days on market compared to 49 days last year.
The median listing price has risen 3.6% year-over-year, from $449,900 to $466,250.
Population: 6,199 · Density: 1,676.8/mi² · Median household income: $88,526
Typical home value: $603,364 · Homeownership: 25.3%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97227 | Portland, OR 97227 | 0.0 mi | 16 | $7,981,504 | $413,000 | $498,844 |
| 97212 | Portland, OR 97212 | 1.6 mi | 47 | $44,999,163 | $806,950 | $957,429 |
| 97205 | Portland, OR 97205 | 2.1 mi | 50 | $31,149,600 | $374,950 | $622,992 |
| 97214 | Portland, OR 97214 | 2.6 mi | 41 | $26,454,184 | $639,925 | $645,224 |
| 97211 | Portland, OR 97211 | 3.3 mi | 91 | $49,583,170 | $524,750 | $544,870 |
| 97213 | Portland, OR 97213 | 3.8 mi | 84 | $40,141,248 | $457,450 | $477,872 |
| 97221 | Portland, OR 97221 | 4.0 mi | 34 | $66,802,282 | $999,500 | $1,964,773 |
| 97218 | Portland, OR 97218 | 4.3 mi | 39 | $17,170,842 | $392,450 | $440,278 |
| 97225 | Portland, OR 97225 | 5.4 mi | 58 | $47,025,124 | $656,475 | $810,778 |
| 97220 | Portland, OR 97220 | 5.7 mi | 68 | $30,796,588 | $431,750 | $452,891 |
| 97216 | Portland, OR 97216 | 6.1 mi | 49 | $15,785,742 | $304,200 | $322,158 |
| 97229 | Portland, OR 97229 | 6.5 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 98664 | Vancouver, WA 98664 | 7.1 mi | 69 | $52,669,839 | $498,250 | $763,331 |
As of September 2026, there are 19 active listings in PORTLAND, OR (zip code 97227), compared to 20 the prior year.
The median listing price in PORTLAND, OR 97227 is $466,250 as of September 2026, a 3.6% increase from $449,900 the prior year.
Homes in PORTLAND, OR 97227 spend an average of 83 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PORTLAND, OR 97227 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 83 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97227 save an estimated $9,325 compared to a typical 5% commission on the median listing price of $466,250. 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.