Forest Park · Linnton · Northwest · West
Data as of July 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97231) currently shows 61 active listings, with 11 pending sales. Homes are averaging 73 days on the market before going under contract.
Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 73 days on market compared to 48 days last year.
The median listing price has fallen 33.3% year-over-year, from $1,105,250 to $737,475.
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: 3,835 · Density: 23.6/mi² · Median household income: $116,189
Typical home value: $758,608 · Homeownership: 88.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97231 | Portland, OR 97231 | 0.0 mi | 27 | $22,745,853 | $796,125 | $842,439 |
| 97203 | Portland, OR 97203 | 6.4 mi | 106 | $43,688,430 | $381,725 | $412,155 |
| 98663 | Vancouver, WA 98663 | 8.2 mi | 43 | $24,729,343 | $499,974 | $575,101 |
| 97217 | Portland, OR 97217 | 8.6 mi | 158 | $71,389,298 | $400,000 | $451,831 |
| 97124 | Hillsboro, OR 97124 | 9.6 mi | 101 | $63,353,765 | $566,075 | $627,265 |
| 97056 | Scappoose, OR 97056 | 10.1 mi | 51 | $40,573,356 | $595,725 | $795,556 |
| 97210 | Portland, OR 97210 | 10.2 mi | 75 | $78,283,425 | $752,500 | $1,043,779 |
| 98642 | Ridgefield, WA 98642 | 10.3 mi | 242 | $243,191,366 | $809,578 | $1,004,923 |
| 97006 | Beaverton, OR 97006 | 10.9 mi | 111 | $48,234,051 | $363,425 | $434,541 |
| 97227 | Portland, OR 97227 | 12.0 mi | 16 | $7,981,504 | $413,000 | $498,844 |
| 97003 | Beaverton, OR 97003 | 12.5 mi | 81 | $37,345,779 | $415,000 | $461,059 |
| 97225 | Portland, OR 97225 | 12.7 mi | 58 | $47,025,124 | $656,475 | $810,778 |
| 98664 | Vancouver, WA 98664 | 12.8 mi | 69 | $52,669,839 | $498,250 | $763,331 |
As of July 2026, there are 61 active listings in PORTLAND, OR (zip code 97231), compared to 45 the prior year.
The median listing price in PORTLAND, OR 97231 is $737,475 as of July 2026, a 33.3% decrease from $1,105,250 the prior year.
Homes in PORTLAND, OR 97231 spend an average of 73 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PORTLAND, OR 97231 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97231 save an estimated $14,750 compared to a typical 5% commission on the median listing price of $737,475. 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.