97206 Home Values & Market Trends

There are 903 homes currently listed for 97206. 97206 real estate market trends show that home prices range from $149,900 to $3,519,900, and the median sales price in the 97206 zip code is $474,998. The total number of properties sold within the past twelve months is 865. In 97206, 19 properties are in foreclosure, 6 are bank owned properties,and 13 are headed for auction.

97206 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 555,576

$ 337/sqft

Portland

$ 555,576

$ 337/sqft

Portland

$ 555,576

$ 337/sqft

Housing Market Summary for 97206

Sep 2025September 2026Change
Median Listing Price$450K$465K3.33%
Median Sold Price$479K$450.6K-5.92%
Homes For Sale51388873.10%
Homes Sold338315-6.80%
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 97206

The median list price of a home in Portland, is $474,998. A total of 903 properties are for sale, and the percentage of properties for sale in the zip code is 903.00%. The total count of 97206 properties is 1,251.

Foreclosure
There are 3 cities within 97206; within these cities, the median estimated home value for homes in foreclosure ranges from $1,767,364 in portland to the lowest value of $135,211 in portland. Foreclosure homes account for 1.00% of properties in 97206 with portland containing 342 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97206 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 97206; 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 97206 ranges from the highest value of $1,217,397 in portland to the lowest value of $142,162 in portland. Bank owned homes and properties account for 0.48% of properties in 97206. There are 3 cities within 97206; portland containing 65 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 227 auction properties, the highest number of properties going to auction in a single city in the state of 97206. Auction homes and other auction properties account for 1.04% of all properties in 97206. There are 3 cities within 97206; of those cities, the median estimated home value for homes going to auction ranges from $1,767,364 in portland to the lowest value of $146,705 in portland.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.18% of residential properties in 97206 with portland containing 14701 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97206; homes for sale in those cities, have a range of median values from $25,000,000 in portland to the lowest value of $98,785 in portland.
    Sold Homes
    The median value for recently sold homes ranges from $3,645,559 in portland to the lowest price of $19,898 in portland. There are 3 cities within 97206. portland has 5287 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.78% of properties in 97206.

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      Guide for 97206

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.