97221 Home Values & Market Trends

There are 15 homes currently listed for 97221. 97221 real estate market trends show that home prices range from $282,000 to $1,999,900, and the median sales price in the 97221 zip code is $769,378.49. The total number of properties sold within the past twelve months is 176. 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

$ 505,949

$ 310/sqft

Portland

$ 505,949

$ 310/sqft

Portland

$ 505,949

$ 310/sqft

Housing Market Summary for 97221

Apr 2023March 2024Change
Median Listing Price$799K$770.2K-3.61%
Median Sold Price$852K$770.2K-9.60%
Homes For Sale1313-
Homes Sold134110-17.91%
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 $769,378.49. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. 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 $1,650,000 in portland to the lowest value of $118,400 in portland. Foreclosure homes account for 0.00% of properties in 97221 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 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 152 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 $1,650,000 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 0.35% of residential properties in 97221 with portland containing 1025 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 $15,000,000 in portland to the lowest value of $99,393 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 97221. portland has 6735 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.51% of properties in 97221.

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      Guide for 97221

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      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.

      Recently Listed Homes 97221

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