Ashcreek
Data as of February 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97223) currently shows 119 active listings, with 49 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are selling faster, averaging 48 days on market compared to 73 days last year.
The median listing price has fallen 2.9% year-over-year, from $597,500 to $579,925.
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 | 101 | $65,439,415 | $585,000 | $647,915 |
| 97224 | Portland, OR 97224 | 2.5 mi | 152 | $93,747,976 | $578,000 | $616,763 |
| 97005 | Beaverton, OR 97005 | 3.7 mi | 32 | $14,469,344 | $435,000 | $452,167 |
| 97225 | Portland, OR 97225 | 4.3 mi | 55 | $38,573,150 | $629,000 | $701,330 |
| 97221 | Portland, OR 97221 | 4.7 mi | 32 | $61,255,136 | $944,800 | $1,914,223 |
| 97062 | Tualatin, OR 97062 | 5.0 mi | 58 | $36,283,872 | $594,000 | $625,584 |
| 97078 | Beaverton, OR 97078 | 6.0 mi | 58 | $29,126,034 | $513,475 | $502,173 |
| 97201 | Portland, OR 97201 | 6.4 mi | 108 | $74,923,488 | $350,000 | $693,736 |
| 97006 | Beaverton, OR 97006 | 7.0 mi | 99 | $41,513,373 | $359,000 | $419,327 |
| 97140 | Sherwood, OR 97140 | 7.3 mi | 108 | $99,495,216 | $680,000 | $921,252 |
| 97229 | Portland, OR 97229 | 7.8 mi | 259 | $221,917,675 | $799,000 | $856,825 |
| 97222 | Portland, OR 97222 | 7.8 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97214 | Portland, OR 97214 | 8.3 mi | 36 | $22,827,384 | $599,950 | $634,094 |
As of February 2026, there are 119 active listings in PORTLAND, OR (zip code 97223), compared to 108 the prior year.
The median listing price in PORTLAND, OR 97223 is $579,925 as of February 2026, a 2.9% decrease from $597,500 the prior year.
Homes in PORTLAND, OR 97223 spend an average of 48 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97223 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97223 save an estimated $11,599 compared to a typical 5% commission on the median listing price of $579,925. 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.