97224 — Washington County, Oregon Market Snapshot
Housing market data for zip code 97224 in Washington County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$284,000
Days to Sell
56
Homes Sold
16
Inventory
10
Sale-to-List
98.5%
New Listings
13
Price/SqFt
$271
Pending Sales
20
Conforming Loan Available
Most homebuyers in 97224 can comfortably use conventional financing. The median home price of $284,000 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
97224's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 97224 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 97224 can comfortably use conventional financing. The median home price of $284,000 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 97224 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 97224
To purchase the median home at $284,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,326.
Monthly Payment
$2,326
Income Required
$99,682
Principal & Interest
$1,750/mo
Down Payment (5%)
$14,200
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 97224.
Estimated Monthly Payment
$1,908
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