Market reports → Portland 97232

Home values June 2026 · sales May 2026

Portland 97232, 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.

$670,831Typical home value (Zillow)
$610,000Median sale price
$324Per square foot
12 daysMedian time on market
100.7%Of asking price, typically
31%Sell above list
29Sold last month
30Homes on the market

What this means

Inventory in 97232 is thin (30 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 12 days, which is quickly. Sellers are getting about 100.7% of asking price, and 31% of sales close above list.

Five years of 97232

Where values have actually been.

+2.7% year over year

Jul 2021$657,584 → $670,831Jun 2026

Typical values in Portland 97232 are up 2.7% year over year. Over the last 5 years they are up 2%.

Straight answers

97232 questions, answered.

Are home values in 97232 going up or down?

Typical values in Portland 97232 are up 2.7% year over year. Over the last 5 years they are up 2%.

What is the typical home value in 97232?

Zillow's home value index puts the typical Portland 97232 home at $670,831 as of June 2026.

How fast do homes sell in 97232?

The median time to pending in Portland 97232 is 12 days, based on Redfin sales data through June 2026.

Is 97232 a buyer's or seller's market right now?

Inventory in 97232 is thin (30 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 12 days, which is quickly. Sellers are getting about 100.7% of asking price, and 31% of sales close above list.

What do homes sell for per square foot in 97232?

The median sale price is $610,000, which works out to about $324 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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