Market reports → Portland 97203

Home values June 2026 · sales May 2026

Portland 97203, 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.

$458,046Typical home value (Zillow)
$479,000Median sale price
$311Per square foot
18 daysMedian time on market
100.7%Of asking price, typically
49%Sell above list
109Sold last month
98Homes on the market

What this means

Inventory in 97203 is thin (98 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 18 days, which is quickly. Sellers are getting about 100.7% of asking price, and 49% of sales close above list.

Five years of 97203

Where values have actually been.

-1% year over year

Jul 2021$471,454 → $458,046Jun 2026

Typical values in Portland 97203 are down 1% year over year. Over the last 5 years they are down 2.8%.

Straight answers

97203 questions, answered.

Are home values in 97203 going up or down?

Typical values in Portland 97203 are down 1% year over year. Over the last 5 years they are down 2.8%.

What is the typical home value in 97203?

Zillow's home value index puts the typical Portland 97203 home at $458,046 as of June 2026.

How fast do homes sell in 97203?

The median time to pending in Portland 97203 is 18 days, based on Redfin sales data through June 2026.

Is 97203 a buyer's or seller's market right now?

Inventory in 97203 is thin (98 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 18 days, which is quickly. Sellers are getting about 100.7% of asking price, and 49% of sales close above list.

What do homes sell for per square foot in 97203?

The median sale price is $479,000, which works out to about $311 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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