Centennial · East Portland · Glenfair · Hazelwood · Mill Park · Rockwood
Data as of March 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97233) currently shows 88 active listings, with 29 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 37 days last year.
The median listing price has fallen 2.2% year-over-year, from $381,450 to $372,975.
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: 37,625 · Density: 3,128.5/mi² · Median household income: $52,441
Typical home value: $350,012 · Homeownership: 50.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97233 | Portland, OR 97233 | 0.0 mi | 83 | $31,171,065 | $379,250 | $375,555 |
| 97216 | Portland, OR 97216 | 2.9 mi | 49 | $15,785,742 | $304,200 | $322,158 |
| 97030 | Gresham, OR 97030 | 3.3 mi | 91 | $36,751,715 | $417,225 | $403,865 |
| 97266 | Portland, OR 97266 | 3.6 mi | 92 | $40,095,348 | $399,900 | $435,819 |
| 97215 | Portland, OR 97215 | 4.9 mi | 31 | $24,193,020 | $655,000 | $780,420 |
| 97213 | Portland, OR 97213 | 5.1 mi | 84 | $40,141,248 | $457,450 | $477,872 |
| 97080 | Gresham, OR 97080 | 5.8 mi | 158 | $90,477,752 | $525,000 | $572,644 |
| 97060 | Troutdale, OR 97060 | 6.4 mi | 36 | $19,943,640 | $478,975 | $553,990 |
| 97089 | Damascus, OR 97089 | 6.7 mi | 34 | $27,370,204 | $659,425 | $805,006 |
| 97232 | Portland, OR 97232 | 7.1 mi | 22 | $13,404,710 | $315,000 | $609,305 |
| 97212 | Portland, OR 97212 | 7.3 mi | 47 | $44,999,163 | $806,950 | $957,429 |
| 97222 | Portland, OR 97222 | 7.6 mi | 81 | $41,947,065 | $417,500 | $517,865 |
| 98684 | Vancouver, WA 98684 | 8.1 mi | 120 | $72,277,320 | $599,000 | $602,311 |
As of March 2026, there are 88 active listings in PORTLAND, OR (zip code 97233), compared to 76 the prior year.
The median listing price in PORTLAND, OR 97233 is $372,975 as of March 2026, a 2.2% decrease from $381,450 the prior year.
Homes in PORTLAND, OR 97233 spend an average of 85 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PORTLAND, OR 97233 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97233 save an estimated $7,460 compared to a typical 5% commission on the median listing price of $372,975. 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.