97221 Home Values & Market Trends
There are 273 homes currently listed for 97221. 97221 real estate market trends show that home prices range from $189,500 to $7,295,000, and the median sales price in the 97221 zip code is $841,576. The total number of properties sold within the past twelve months is 224. In 97221, 5 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.
97221 Real Estate Market Overview
Housing Market Summary for 97221
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $880K | $890K | 1.14% |
| Median Sold Price | $822.4K | $822K | -0.05% |
| Homes For Sale | 188 | 272 | 44.68% |
| Homes Sold | 118 | 110 | -6.78% |
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 97221
Browse Homes in 97221
The median list price of a home in Portland, is $841,576. A total of 273 properties are for sale, and the percentage of properties for sale in the zip code is 273.00%. The total count of 97221 properties is 393.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionsportland has 222 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 1.27% 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 $1,767,364 in portland to the lowest value of $146,705 in portland.
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Guide for 97221
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.