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All market snapshots / 97224

Tigard, OR 97224 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Tigard, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 9191PendingPending sales: 88
Tigard, 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): $589k$589kSoldMedian sold price (last 6 months): $560k$560k
What homes actually sell for in Tigard, OR
Distribution of 497 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $412k to $680k
$115k to $218k: 23 sales$115k$218k to $320k: 31 sales$320k to $422k: 53 sales$320k$422k to $525k: 69 sales$525k to $628k: 125 sales125sales$525k$628k to $730k: 87 sales$730k to $832k: 40 sales$730k$832k to $935k: 20 salesMedian $560k

What the numbers say

As of October 5, 2026, Resideline is tracking 91 active listings and 8 pending sales in ZIP code 97224. 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 $589,000, while the median of the 497 closed sales Resideline tracked over the last six months was $560,000. 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 97224 for 74 days.

Frequently asked questions

What is the median home price in 97224?

The median closed sale price in Tigard, OR 97224 was $560,000 over the last six months, based on 497 closed sales tracked by Resideline. The middle half of those sales ranged from $412,500 to $680,400.

Is 97224 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 91 active listings in 97224, 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, 97224 currently looks like a balanced market.

Nearby ZIP code market data

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