Data as of February 2026. Source: Realtor.com.
The PORTLAND, OR real estate market (97224) currently shows 154 active listings, with 62 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 57 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 62 days last year.
The median listing price has fallen 7.2% year-over-year, from $629,950 to $584,725.
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: 36,591 · Density: 1,561.4/mi² · Median household income: $86,401
Typical home value: $530,679 · Homeownership: 67.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97224 | Portland, OR 97224 | 0.0 mi | 152 | $93,747,976 | $578,000 | $616,763 |
| 97062 | Tualatin, OR 97062 | 3.1 mi | 58 | $36,283,872 | $594,000 | $625,584 |
| 97008 | Beaverton, OR 97008 | 3.8 mi | 47 | $22,960,393 | $525,000 | $488,519 |
| 97140 | Sherwood, OR 97140 | 4.9 mi | 108 | $99,495,216 | $680,000 | $921,252 |
| 97219 | Portland, OR 97219 | 5.7 mi | 117 | $94,290,651 | $607,500 | $805,903 |
| 97078 | Beaverton, OR 97078 | 6.7 mi | 58 | $29,126,034 | $513,475 | $502,173 |
| 97070 | Wilsonville, OR 97070 | 6.9 mi | 99 | $85,783,698 | $694,450 | $866,502 |
| 97068 | West Linn, OR 97068 | 7.2 mi | 136 | $155,273,512 | $869,900 | $1,141,717 |
| 97239 | Portland, OR 97239 | 7.7 mi | 108 | $85,164,588 | $666,950 | $788,561 |
| 97267 | Portland, OR 97267 | 8.8 mi | 78 | $52,770,666 | $632,480 | $676,547 |
| 97222 | Portland, OR 97222 | 9.0 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97205 | Portland, OR 97205 | 9.1 mi | 40 | $25,935,040 | $374,900 | $648,376 |
| 97027 | Gladstone, OR 97027 | 9.9 mi | 27 | $15,070,806 | $560,000 | $558,178 |
As of February 2026, there are 154 active listings in PORTLAND, OR (zip code 97224), compared to 211 the prior year.
The median listing price in PORTLAND, OR 97224 is $584,725 as of February 2026, a 7.2% decrease from $629,950 the prior year.
Homes in PORTLAND, OR 97224 spend an average of 65 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PORTLAND, OR 97224 is currently a Balanced Market. Inventory has tightened compared to last year, with 57 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in PORTLAND, OR 97224 save an estimated $11,695 compared to a typical 5% commission on the median listing price of $584,725. 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.