97223 — Washington County, Oregon Market Snapshot

Housing market data for zip code 97223 in Washington County, Oregon. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$411,726

-9.0% YoYClosed sales

Days to Sell

27

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

22

Sale-to-List

98.9%

New Listings

25

Price/SqFt

$274

Pending Sales

12

Conforming Loan Available

Most homebuyers in 97223 can comfortably use conventional financing. The median home price of $411,726 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 97223 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 97223 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 97223 can comfortably use conventional financing. The median home price of $411,726 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 97223 are set at the county level.

2026 Loan Limits — Washington County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$701,500
2 Units$1,066,250$898,050
3 Units$1,288,800$1,085,550
4 Units$1,601,750$1,349,050

Affordability Snapshot — Zip 97223

To purchase the median home at $411,726 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,305.

Monthly Payment

$3,305

Income Required

$141,622

Principal & Interest

$2,537/mo

Down Payment (5%)

$20,586

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 97223.

%
%

Estimated Monthly Payment

$2,698

Principal & Interest$2,136
Property Tax$412
Insurance$150
Loan Amount$329,381
Total Interest$439,709
Income Required$115,632/yr

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