97223 Home Values & Market Trends
There are 744 homes currently listed for 97223. 97223 real estate market trends show that home prices range from $189,900 to $3,500,000, and the median sales price in the 97223 zip code is $594,451. The total number of properties sold within the past twelve months is 627. In 97223, 15 properties are in foreclosure, 1 are bank owned properties,and 12 are headed for auction.
97223 Real Estate Market Overview
Housing Market Summary for 97223
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $605K | $615K | 1.65% |
| Median Sold Price | $598.3K | $604.5K | 1.05% |
| Homes For Sale | 528 | 744 | 40.91% |
| Homes Sold | 279 | 249 | -10.75% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 97223
Browse Homes in 97223
The median list price of a home in Portland, is $594,451. A total of 744 properties are for sale, and the percentage of properties for sale in the zip code is 744.00%. The total count of 97223 properties is 1,021.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in 97223 with portland containing 42 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 97223; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,154,813 in portland to the lowest home value of $136,505 in portland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97223 ranges from the highest value of $1,392,278 in portland to the lowest value of $142,146 in portland. Bank owned homes and properties account for 0.10% of properties in 97223. There are 3 cities within 97223; portland containing 67 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportland has 215 auction properties, the highest number of properties going to auction in a single city in the state of 97223. Auction homes and other auction properties account for 1.18% of all properties in 97223. There are 3 cities within 97223; of those cities, the median estimated home value for homes going to auction ranges from $1,831,336 in portland to the lowest value of $144,513 in portland.
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Guide for 97223
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
