97216 Home Values & Market Trends

There are 13 homes currently listed for 97216. 97216 real estate market trends show that home prices range from $215,000 to $795,000, and the median sales price in the 97216 zip code is $414,905.22. The total number of properties sold within the past twelve months is 255. In 97216, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

97216 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 495,650

$ 307/sqft

Portland

$ 495,650

$ 307/sqft

Portland

$ 495,650

$ 307/sqft

Housing Market Summary for 97216

Mar 2023February 2024Change
Median Listing Price$425K$399.1K-6.10%
Median Sold Price$415K$399.1K-3.83%
Homes For Sale111427.27%
Homes Sold12013411.67%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in 97216

The median list price of a home in Portland, is $414,905.22. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 97216 properties is 4,477.

Foreclosure
There are 3 cities within 97216; within these cities, the median estimated home value for homes in foreclosure ranges from $1,749,000 in portland to the lowest value of $131,600 in portland. Foreclosure homes account for 0.00% of properties in 97216 with portland containing 189 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97216 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 97216; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 97216 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 97216. There are 3 cities within 97216; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 153 auction properties, the highest number of properties going to auction in a single city in the state of 97216. Auction homes and other auction properties account for 0.04% of all properties in 97216. There are 3 cities within 97216; of those cities, the median estimated home value for homes going to auction ranges from $1,749,000 in portland to the lowest value of $174,750 in portland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in 97216 with portland containing 898 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97216; homes for sale in those cities, have a range of median values from $7,009,110 in portland to the lowest value of $99,565 in portland.
    Sold Homes
    The median value for recently sold homes ranges from $5,327,400 in portland to the lowest price of $37,408 in portland. There are 3 cities within 97216. portland has 6513 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.77% of properties in 97216.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      97216
      $
      $

      Guide for 97216

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Wholesale
      What Is a Zombie Property?
      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports
      Honolulu’s Real Estate Trend – Report of 2023-2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      What Is a Zombie Property?
      Wholesale|posted 14 March 2024

      Learn what a Zombie property is and how to avoid your home becoming one.

      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Honolulu’s Real Estate Trend – Report of 2023-2024
      Market Reports|posted 14 March 2024

      Honolulu’s real estate market exhibits a mix of stability and fluctuation in property values, with trends varying across nearby cities. Factors influencing these trends include property sizes, local demand dynamics, economic conditions, and global events. Investors and homebuyers need a comprehensive understanding of these conditions for well-informed decisions.

      Recently Listed Homes 97216

      No data to show