97221 Home Values & Market Trends

There are 12 homes currently listed for 97221. 97221 real estate market trends show that home prices range from $290,000 to $1,999,900, and the median sales price in the 97221 zip code is $769,272.54. The total number of properties sold within the past twelve months is 190. In 97221, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

97221 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 495,991

$ 308/sqft

Portland

$ 495,991

$ 308/sqft

Portland

$ 495,991

$ 308/sqft

Housing Market Summary for 97221

Mar 2023February 2024Change
Median Listing Price$964K$772.8K-19.83%
Median Sold Price$867.3K$772.8K-10.89%
Homes For Sale99-
Homes Sold1291343.88%
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 97221

The median list price of a home in Portland, is $769,272.54. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 97221 properties is 4,342.

Foreclosure
There are 3 cities within 97221; 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 97221 with portland containing 185 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97221 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 97221; 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 97221 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 97221. There are 3 cities within 97221; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 155 auction properties, the highest number of properties going to auction in a single city in the state of 97221. Auction homes and other auction properties account for 0.02% of all properties in 97221. There are 3 cities within 97221; 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 $179,286 in portland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in 97221 with portland containing 943 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97221; homes for sale in those cities, have a range of median values from $7,009,110 in portland to the lowest value of $95,319 in portland.
    Sold Homes
    The median value for recently sold homes ranges from $5,217,679 in portland to the lowest price of $37,408 in portland. There are 3 cities within 97221. portland has 6583 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.60% of properties in 97221.

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      Guide for 97221

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes 97221

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