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All market snapshots / 97222

Milwaukie, OR 97222 Housing Market

Data snapshot: October 1, 2026. Closed-sale window: last 6 months.
Milwaukie, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 3131PendingPending sales: 33
Milwaukie, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $459k$459kSoldMedian sold price (last 6 months): $455k$455k
What homes actually sell for in Milwaukie, OR
Distribution of 240 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $345k to $556k
$188k to $277k: 21 sales$188k$277k to $366k: 37 sales$366k to $455k: 48 sales$366k$455k to $544k: 56 sales56sales$544k to $633k: 37 sales$544k$633k to $722k: 10 sales$722k to $811k: 5 sales$722k$811k to $900k: 2 salesMedian $455k

What the numbers say

As of October 1, 2026, Resideline is tracking 31 active listings and 3 pending sales in ZIP code 97222. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $459,000, while the median of the 240 closed sales Resideline tracked over the last six months was $455,000. 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 97222 for 77 days.

Frequently asked questions

What is the median home price in 97222?

The median closed sale price in Milwaukie, OR 97222 was $455,000 over the last six months, based on 240 closed sales tracked by Resideline. The middle half of those sales ranged from $345,000 to $556,000.

Is 97222 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 31 active listings in 97222, a pending-to-active ratio of 0.10. 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, 97222 currently looks like a balanced market.

Nearby ZIP code market data

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