97216 Home Values & Market Trends

There are 9 homes currently listed for 97216. 97216 real estate market trends show that home prices range from $249,000 to $695,000, and the median sales price in the 97216 zip code is $410,414.51. The total number of properties sold within the past twelve months is 251. In 97216, 3 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

97216 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 508,725

$ 311/sqft

Portland

$ 508,725

$ 311/sqft

Portland

$ 508,725

$ 311/sqft

Housing Market Summary for 97216

Apr 2023March 2024Change
Median Listing Price$469K$377.7K-19.47%
Median Sold Price$421.6K$377.7K-10.42%
Homes For Sale1110-9.09%
Homes Sold124113-8.87%
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 97216

The median list price of a home in Portland, is $410,414.51. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. 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 $1,650,000 in portland to the lowest value of $118,400 in portland. Foreclosure homes account for 0.00% of properties in 97216 with portland containing 188 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 156 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 0.07% 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 $1,650,000 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 0.20% of residential properties in 97216 with portland containing 1031 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 $15,000,000 in portland to the lowest value of $103,977 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 97216. portland has 6539 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.52% of properties in 97216.

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      Guide for 97216

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes 97216

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