97224 Home Values & Market Trends

There are 67 homes currently listed for 97224. 97224 real estate market trends show that home prices range from $189,000 to $2,200,000, and the median sales price in the 97224 zip code is $597,365.17. The total number of properties sold within the past twelve months is 611. In 97224, 7 properties are in foreclosure, 0 are bank owned properties,and 7 are headed for auction.

97224 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 492,734

$ 306/sqft

Portland

$ 492,734

$ 306/sqft

Portland

$ 492,734

$ 306/sqft

Housing Market Summary for 97224

Mar 2023February 2024Change
Median Listing Price$529.5K$582.2K9.96%
Median Sold Price$598.7K$582.2K-2.75%
Homes For Sale366580.56%
Homes Sold3403502.94%
Price
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Homes For Sale
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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%.

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Browse Homes in 97224

The median list price of a home in Portland, is $597,365.17. A total of 67 properties are for sale, and the percentage of properties for sale in the zip code is 67.00%. The total count of 97224 properties is 11,538.

Foreclosure
There are 3 cities within 97224; 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 97224 with portland containing 172 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97224 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 97224; 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 97224 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 97224. There are 3 cities within 97224; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 148 auction properties, the highest number of properties going to auction in a single city in the state of 97224. Auction homes and other auction properties account for 0.06% of all properties in 97224. There are 3 cities within 97224; 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 0.58% of residential properties in 97224 with portland containing 894 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97224; 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 97224. portland has 6642 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.06% of properties in 97224.

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      Guide for 97224

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Recently Listed Homes 97224

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