97223 Home Values & Market Trends
There are 732 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 $594,850. The total number of properties sold within the past twelve months is 603. In 97223, 14 properties are in foreclosure, 1 are bank owned properties,and 10 are headed for auction.
97223 Real Estate Market Overview
Housing Market Summary for 97223
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $610K | $610K | - |
| Median Sold Price | $605.5K | $610.3K | 0.80% |
| Homes For Sale | 470 | 724 | 54.04% |
| Homes Sold | 265 | 244 | -7.92% |
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 $594,850. A total of 732 properties are for sale, and the percentage of properties for sale in the zip code is 732.00%. The total count of 97223 properties is 1,016.
- Pre-ForeclosurePre-foreclosure homes account for 0.30% of all residential properties in 97223 with portland containing 46 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 $1,207,597 in portland to the lowest home value of $135,211 in portland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97223 ranges from the highest value of $1,217,397 in portland to the lowest value of $142,162 in portland. Bank owned homes and properties account for 0.10% of properties in 97223. There are 3 cities within 97223; portland containing 65 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportland has 222 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 0.98% 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 $1,767,364 in portland to the lowest value of $146,705 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.
