Market reports → Portland 97201
Home values June 2026 · sales May 2026
Portland 97201, by the numbers.
Multnomah County, OR. What homes are worth here, how fast they move, and what that means if you are buying or selling.
What this means
Inventory in 97201 is thin (119 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 45 days, which is at a moderate pace. Sellers are getting about 97.9% of asking price, and 21% of sales close above list.
Five years of 97201
Where values have actually been.
-3.9% year over year
Typical values in Portland 97201 are down 3.9% year over year. Over the last 5 years they are down 17%.
Straight answers
97201 questions, answered.
Are home values in 97201 going up or down?
Typical values in Portland 97201 are down 3.9% year over year. Over the last 5 years they are down 17%.
What is the typical home value in 97201?
Zillow's home value index puts the typical Portland 97201 home at $437,116 as of June 2026.
How fast do homes sell in 97201?
The median time to pending in Portland 97201 is 45 days, based on Redfin sales data through June 2026.
Is 97201 a buyer's or seller's market right now?
Inventory in 97201 is thin (119 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 45 days, which is at a moderate pace. Sellers are getting about 97.9% of asking price, and 21% of sales close above list.
What do homes sell for per square foot in 97201?
The median sale price is $350,000, which works out to about $308 per square foot.
Sources: Zillow Home Value Index through June 2026, Redfin market data through May 2026. Figures refresh as new data lands.
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