97227 Home Values & Market Trends

There are 8 homes currently listed for 97227. 97227 real estate market trends show that home prices range from $425,000 to $899,999, and the median sales price in the 97227 zip code is $598,599.37. The total number of properties sold within the past twelve months is 55. In 97227, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

97227 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 509,300

$ 310/sqft

Portland

$ 509,300

$ 310/sqft

Portland

$ 509,300

$ 310/sqft

Housing Market Summary for 97227

Apr 2023March 2024Change
Median Listing Price$449.5K$607.7K35.19%
Median Sold Price$597K$607.7K1.79%
Homes For Sale36100.00%
Homes Sold283110.71%
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 97227

The median list price of a home in Portland, is $598,599.37. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 97227 properties is 1,083.

Foreclosure
There are 3 cities within 97227; 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 97227 with portland containing 192 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97227 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 97227; 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 97227 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 97227. There are 3 cities within 97227; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 156 auction properties, the highest number of properties going to auction in a single city in the state of 97227. Auction homes and other auction properties account for 0.09% of all properties in 97227. There are 3 cities within 97227; 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 0.74% of residential properties in 97227 with portland containing 1076 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97227; 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 97227. portland has 6709 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.40% of properties in 97227.

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      Guide for 97227

      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.

      Recently Listed Homes 97227

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