Estacada, OR 97023 Housing Market
- Active listings43currently for sale
- Pending sales4under contract
- Median asking price$599,960current listings
- Listing age74 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)160a tracked sample, not a market total
- Median sold price$515,000last 6 months
- Middle half of sold prices$460k to $610k25th to 75th percentile
What the numbers say
As of October 5, 2026, Resideline is tracking 43 active listings and 4 pending sales in ZIP code 97023. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $599,960, while the median of the 160 closed sales Resideline tracked over the last six months was $515,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97023 for 74 days.
Frequently asked questions
What is the median home price in 97023?
The median closed sale price in Estacada, OR 97023 was $515,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $459,960 to $609,900.
Is 97023 a buyer's or seller's market?
Resideline is currently tracking 4 pending sales against 43 active listings in 97023, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97023 currently looks like a balanced market.
Nearby ZIP code market data
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- 97045 Oregon City, OR
- 97229 Portland, OR
- 97756 Redmond, OR
- 97701 Bend, OR
- 97224 Tigard, OR
- 97601 Klamath Falls, OR
- 97603 Klamath Falls, OR
- 97703 Bend, OR
- 97754 Prineville, OR
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