Portland, OR 97223 Real Estate & Property Data

Portland, OR 97223 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 544 residential properties have been sold over the past 12 months in 97223. With a median sales price of $705,000 in 97223. Discover market trends and get the granular level real estate data for Portland, OR 97223 to keep your pulse on the housing market. Curate compelling home reports for Portland, OR 97223 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Portland, OR 97223 Real Estate Market Trends
Total Residential Properties 14,954
Total Commercial Properties 959
Avg. Home Age (Single Family Home) 43 Years
Avg. Square Feet (Single Family Home) 2,052
Total 2025 Residential Sales (year-to-date) 73
% of Homes Seriously Underwater (Q2 2025) 0.6%
Total 2024 Residential Sales 491
% of Equity Rich Homes (Q2 2025) 45.38%
Effective 2024 Property Tax 0.91%
Total Foreclosure Filings (year-to-date) 3
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Portland, OR 97223 Real Estate Overview

There were 544 residential properties sold in the past year in Portland, OR 97223. The median home value in Portland, OR 97223 is $589,870. There are a total of 14,954 residential properties in the 97223.

Median Sales Price i
$705,000
(Feb 2025)
+11.6%
year-over-year
y-o-y
  • February '25 Feb '25 $705,000
  • January '25 Jan '25 $569,500
  • December '24 Dec '24 $556,000
  • November '24 Nov '24 $651,000
  • October '24 Oct '24 $597,000
  • September '24 Sep '24 $645,000
  • August '24 Aug '24 $630,000
  • July '24 Jul '24 $600,312
  • June '24 Jun '24 $609,995
  • May '24 May '24 $670,000
  • April '24 Apr '24 $700,000
  • March '24 Mar '24 $581,500
Median Down Payment i
$100,250
(Feb 2025)
-50.8%
year-over-year
y-o-y
  • February '25 Feb '25 $100,250
  • January '25 Jan '25 $116,556
  • December '24 Dec '24 $75,425
  • November '24 Nov '24 $141,500
  • October '24 Oct '24 $116,450
  • September '24 Sep '24 $142,000
  • August '24 Aug '24 $120,100
  • July '24 Jul '24 $87,000
  • June '24 Jun '24 $68,500
  • May '24 May '24 $134,000
  • April '24 Apr '24 $109,525
  • March '24 Mar '24 $57,200
Number of Homes Sold i
38
(Feb 2025)
+65.2%
year-over-year
y-o-y
  • February '25 Feb '25 38
  • January '25 Jan '25 35
  • December '24 Dec '24 50
  • November '24 Nov '24 40
  • October '24 Oct '24 52
  • September '24 Sep '24 39
  • August '24 Aug '24 56
  • July '24 Jul '24 48
  • June '24 Jun '24 47
  • May '24 May '24 54
  • April '24 Apr '24 36
  • March '24 Mar '24 26
Number of Purchase Loans i
34
(Feb 2025)
+25.9%
year-over-year
y-o-y
  • February '25 Feb '25 34
  • January '25 Jan '25 22
  • December '24 Dec '24 43
  • November '24 Nov '24 28
  • October '24 Oct '24 39
  • September '24 Sep '24 32
  • August '24 Aug '24 47
  • July '24 Jul '24 40
  • June '24 Jun '24 42
  • May '24 May '24 46
  • April '24 Apr '24 38
  • March '24 Mar '24 30
Number of REFI Loans i
9
(Feb 2025)
-40%
year-over-year
y-o-y
  • February '25 Feb '25 9
  • January '25 Jan '25 19
  • December '24 Dec '24 15
  • November '24 Nov '24 19
  • October '24 Oct '24 23
  • September '24 Sep '24 13
  • August '24 Aug '24 13
  • July '24 Jul '24 14
  • June '24 Jun '24 14
  • May '24 May '24 13
  • April '24 Apr '24 20
  • March '24 Mar '24 18
Number of HELOC Loans i
10
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 17
  • December '24 Dec '24 8
  • November '24 Nov '24 8
  • October '24 Oct '24 13
  • September '24 Sep '24 11
  • August '24 Aug '24 17
  • July '24 Jul '24 11
  • June '24 Jun '24 13
  • May '24 May '24 31
  • April '24 Apr '24 30
  • March '24 Mar '24 23

Portland, OR 97223 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 2
  • June '24 Jun '24 2
  • May '24 May '24 10
  • April '24 Apr '24 2
  • March '24 Mar '24 1
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 4
  • November '24 Nov '24 3
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 2
  • June '24 Jun '24 2
  • May '24 May '24 9
  • April '24 Apr '24 2
  • March '24 Mar '24 1
Completed Foreclosures (REOs) i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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