LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 97223 sells for about $575,000, or $325 per square foot.

Prices are down 3.6% from a year ago, which gives buyers more room to negotiate. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $1,785 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 97223 — Tigard

Washington County →refreshed Sep 16, 2026next refresh Oct 16, 2026
Market mood · cautiously optimistic

The 97223 housing market is showing signs of stabilization as buyer activity increases following a period of price adjustments. While year-over-year prices have seen a slight decline, the market remains competitive with a healthy inventory level and steady demand for well-priced homes. The area's strong economic fundamentals and proximity to major employment hubs continue to drive interest from both families and professionals.

Who this ZIP fits

This ZIP is ideal for families and professionals seeking a balance between suburban tranquility and urban accessibility. It attracts buyers looking for established neighborhoods with good schools and convenient access to the Portland metro area's major tech and corporate employers.

Parent geography
Tigard · no city intel reportWashington County →Oregon state →
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 28.7 km²Water area · 0 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$575,000
-3.6% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
46 days
Active listings
149
Listings with price cuts
32%
share of active listings
Sale-to-list ratio
97.9%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
62
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
32
Growth/100

Median prices moved down 3.6% year over year.

71
Liquidity/100

Homes spend a median of 46 days on market with 3.5 months of supply — a fast-moving market.

57
Momentum/100

32% of listings have cut prices · homes sell at 97.9% of asking — demand is holding steady.

88
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 6.9% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$300,000$450,000$600,000$750,000$900,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$3,400$4,250$5,100$5,950$6,800

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2019-2023 5-year estimates
Population change
+1.2%

versus the prior ACS vintage

Net migration
+500 people

net influx — more people moved in than out

Population base
50,527

ZCTA 97223, Washington County OR

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular
Foreign-born share
13.7%
Foreign-born residents
6,933
Naturalized (of foreign-born)
65.2%
Non-citizens (of population)
4.8%
Entered 2010 or later (of foreign-born)
18.5%
World region of birth (foreign-born)
Asia
43.4%
Americas
33.9%
Europe
18%
Africa
2.7%
Oceania
2%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Area context
Crime & safety

Crime rates in the 97223 area are generally consistent with suburban Portland averages, with property crime being the primary concern. Residents typically report feeling safe in established residential neighborhoods, though proximity to major transit corridors can influence localized incident reports.

Schools & education

The area is served by highly regarded public school districts, including Tigard-Tualatin and Beaverton, which are frequently recognized for strong academic performance and diverse extracurricular offerings.

Environmental & hazard

The region faces moderate risks related to winter storms and potential seismic activity, typical of the Pacific Northwest. Flood risks are generally localized to specific drainage basins near Fanno Creek, and insurance premiums are influenced by regional wildfire and wind exposure.

Growth & development

Economic momentum is driven by the proximity to the Silicon Forest tech corridor and major employers in Beaverton and Tigard. Infrastructure improvements focus on enhancing transit connectivity and managing suburban density through mixed-use redevelopment.

Taxation

Property taxes are assessed by Washington County based on real market value, subject to state-mandated constitutional limits on assessed value growth. Special districts for schools, fire protection, and water services are included in the consolidated tax rate.

Transportation & commute

Commuters benefit from proximity to Highway 217 and I-5, providing direct access to downtown Portland and the broader metro employment core. Public transit options include frequent bus service and proximity to the WES Commuter Rail line.

Recreation & amenities

The area features extensive green spaces including the Fanno Creek Trail and various community parks like Dirksen Nature Park. Shopping and dining are concentrated along the SW Hall Blvd and SW Pacific Hwy corridors.

Rental market

The rental market is characterized by steady demand from professionals and families, with a mix of apartment complexes and single-family rentals. Vacancy rates remain low due to the area's central location and access to major employment hubs.

Economy & employers

The economy is anchored by the technology, healthcare, and retail sectors, with significant employment bases in nearby Beaverton and Portland. The area benefits from a diverse industry mix that provides stability and growth opportunities.

Transportation & infrastructure

The area is well-served by major highway corridors including Highway 217 and I-5, facilitating regional travel. Public transit is supported by TriMet bus routes and the WES Commuter Rail, connecting the area to the broader Portland transit network.

Development pipeline

Development planning focuses on increasing housing density along transit corridors and revitalizing older commercial districts. Major projects are centered on creating more walkable, mixed-use environments to accommodate population growth.

County appraisal district

The Washington County Assessor's office manages property valuations, adhering to Oregon's strict property tax assessment laws which limit annual increases in assessed value.

Special districts

Parcels are subject to various special districts including school districts, fire and rescue districts, and water/sewer service providers. These districts are funded through property tax levies.

Insurance & hazard market

Property insurance premiums are influenced by regional wildfire risk and the potential for severe weather events. Market health is stable, though insurers are increasingly focused on hazard mitigation.

Discovery profileACS 2019-2023 5-year estimates
Census profile · ZCTA 97223, Washington County OR
Population
50,527
Median age
40.1 yrs
Owner-occupancy
62%
Median home value
$525,000
Median gross rent
$1,550
Median household income
$95,000
Median year built
1985
Vacancy rate
4.5%
Renter share
38%
Owner cost burden
25%
Renter cost burden
45%
Population change
+1.2%
Net migration
500
Work-from-home share
22%
Mean commute
28 min
Bachelor's or higher
48%
Unemployment
4.4%
Poverty rate
6.9%
Avg household size
2.4
White
72%
Asian
10%
Hispanic
12%
Other
6%

Data retrieved from data.census.gov using ZCTA 97223 profile.

Public schools with an address here · 2

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Tigard High SchoolHigh7/10Tigard-Tualatin SDHighly rated school with strong academic and athletic programs.
Templeton ElementaryElementary6/10Tigard-Tualatin SDServes the local community with a focus on foundational education.
School districts
Tigard-Tualatin SDB+Large district serving the area with a focus on student achievement and equity.
Beaverton SDA-Serves portions of the area with a reputation for high academic standards.
Utilities & services
InternetXfinity/FrontierBroadband availability is widespread.
ElectricPortland General ElectricPrimary provider for the region.
Natural GasNW NaturalStandard service provider.
Water/SewerCity of Tigard/Clean Water ServicesMunicipal and regional utility services.
Major employers & industries
NikeApparel/TechMajor regional employer with headquarters nearby.
IntelTechnologySignificant presence in the Silicon Forest corridor.
Providence HealthHealthcareMajor regional healthcare provider.
Major amenities · ZIP 97223
Theme, amusement & water parks
20+ · 20 mi
Entertainment venues, stadiums & amphitheaters
15 · 20 mi
Family fun & things to do
19 · 13 mi
Museums, galleries & history
19 · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
1 · 20 mi
Shopping & dining districts
7 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Fanno Creek Trail
Park/Trail

A major regional trail system providing extensive walking and biking paths.

Dirksen Nature Park
Park

A large natural area featuring wooded trails and wildlife viewing.

Washington Square
Shopping

A major regional shopping mall located nearby, serving as a primary retail anchor.

On the horizon · announced & under construction
Tigard Triangle RedevelopmentMixed-UseOngoingA long-term initiative to transform the area into a high-density, walkable urban center.
Sources · 4 cited

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.