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 $1,300,000, and the median sales price in the 97224 zip code is $604,793.96. The total number of properties sold within the past twelve months is 594. In 97224, 8 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

$ 505,949

$ 310/sqft

Portland

$ 505,949

$ 310/sqft

Portland

$ 505,949

$ 310/sqft

Housing Market Summary for 97224

Apr 2023March 2024Change
Median Listing Price$550K$588.6K7.02%
Median Sold Price$589.5K$588.6K-0.16%
Homes For Sale396669.23%
Homes Sold3313402.72%
Price
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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 $604,793.96. 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 $1,650,000 in portland to the lowest value of $118,400 in portland. Foreclosure homes account for 0.00% of properties in 97224 with portland containing 188 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in 97224 with portland containing 12 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 $678,170 in portland to the lowest home value of $175,564 in portland.
  • 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 152 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 $1,650,000 in portland to the lowest value of $176,687 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 1025 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 $15,000,000 in portland to the lowest value of $99,393 in portland.
    Sold Homes
    The median value for recently sold homes ranges from $5,441,184 in portland to the lowest price of $41,862 in portland. There are 3 cities within 97224. portland has 6735 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.17% of properties in 97224.

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      Guide for 97224

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.