Population: 37,625 · Density: 3,128.5/mi² · Median household income: $52,441
Typical home value: $350,012 · Homeownership: 50.9%
Data as of January 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97233) currently shows 77 active listings, with 23 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 90 days on market compared to 88 days last year.
The median listing price has fallen 3.5% year-over-year, from $393,450 to $379,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97233 | Portland, OR 97233 | 0.0 mi | 77 | $29,322,755 | $379,500 | $380,815 |
| 97216 | Portland, OR 97216 | 2.9 mi | 39 | $13,568,373 | $334,950 | $347,907 |
| 97030 | Gresham, OR 97030 | 3.3 mi | 88 | $36,232,064 | $434,500 | $411,728 |
| 97266 | Portland, OR 97266 | 3.6 mi | 94 | $41,179,708 | $399,995 | $438,082 |
| 97215 | Portland, OR 97215 | 4.9 mi | 25 | $18,446,350 | $599,900 | $737,854 |
| 97213 | Portland, OR 97213 | 5.1 mi | 69 | $34,442,040 | $489,950 | $499,160 |
| 97080 | Gresham, OR 97080 | 5.8 mi | 138 | $79,950,162 | $525,000 | $579,349 |
| 97060 | Troutdale, OR 97060 | 6.4 mi | 30 | $15,513,450 | $424,900 | $517,115 |
| 97089 | Damascus, OR 97089 | 6.7 mi | 31 | $27,180,955 | $747,500 | $876,805 |
| 97232 | Portland, OR 97232 | 7.1 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97212 | Portland, OR 97212 | 7.3 mi | 37 | $35,850,484 | $805,000 | $968,932 |
| 97222 | Portland, OR 97222 | 7.6 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 98684 | Vancouver, WA 98684 | 8.1 mi | 69 | $35,546,868 | $494,200 | $515,172 |
As of January 2026, there are 77 active listings in PORTLAND, OR (zip code 97233), compared to 60 the prior year.
The median listing price in PORTLAND, OR 97233 is $379,500 as of January 2026, a 3.5% decrease from $393,450 the prior year.
Homes in PORTLAND, OR 97233 spend an average of 90 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PORTLAND, OR 97233 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97233 save an estimated $7,590 compared to a typical 5% commission on the median listing price of $379,500. 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.