Market reports → Portland 97217
Home values June 2026 · sales May 2026
Portland 97217, 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 97217 is thin (150 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 101.2% of asking price, and 54% of sales close above list.
Five years of 97217
Where values have actually been.
-0.7% year over year
Typical values in Portland 97217 are down 0.7% year over year. Over the last 5 years they are down 5.9%.
Straight answers
97217 questions, answered.
Are home values in 97217 going up or down?
Typical values in Portland 97217 are down 0.7% year over year. Over the last 5 years they are down 5.9%.
What is the typical home value in 97217?
Zillow's home value index puts the typical Portland 97217 home at $506,958 as of June 2026.
How fast do homes sell in 97217?
The median time to pending in Portland 97217 is 10 days, based on Redfin sales data through June 2026.
Is 97217 a buyer's or seller's market right now?
Inventory in 97217 is thin (150 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 101.2% of asking price, and 54% of sales close above list.
What do homes sell for per square foot in 97217?
The median sale price is $505,000, which works out to about $301 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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