97218 Home Values & Market Trends
There are 16 homes currently listed for 97218. 97218 real estate market trends show that home prices range from $259,900 to $950,000, and the median sales price in the 97218 zip code is $478,228.45. The total number of properties sold within the past twelve months is 227. In 97218, 7 properties are in foreclosure, 1 are bank owned properties,and 6 are headed for auction.
97218 Real Estate Market Overview
Housing Market Summary for 97218
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $495K | $458.7K | -7.32% |
| Median Sold Price | $510K | $458.7K | -10.05% |
| Homes For Sale | 13 | 9 | -30.77% |
| Homes Sold | 109 | 118 | 8.26% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 97218
Browse Homes in 97218
The median list price of a home in Portland, is $478,228.45. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 97218 properties is 4,410.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97218 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 97218; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 97218 ranges from the highest value of $1,064,580 in portland to the lowest value of $118,400 in portland. Bank owned homes and properties account for 0.02% of properties in 97218. There are 3 cities within 97218; portland containing 24 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportland has 156 auction properties, the highest number of properties going to auction in a single city in the state of 97218. Auction homes and other auction properties account for 0.14% of all properties in 97218. There are 3 cities within 97218; 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.
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More Real Estate Resources for 97218
Guide for 97218
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.
