97227 Home Values & Market Trends
There are 72 homes currently listed for 97227. 97227 real estate market trends show that home prices range from $225,000 to $2,750,000, and the median sales price in the 97227 zip code is $534,911. The total number of properties sold within the past twelve months is 56. In 97227, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
97227 Real Estate Market Overview
Housing Market Summary for 97227
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $509.5K | -2.95% |
| Median Sold Price | $635.9K | $604.1K | -5.00% |
| Homes For Sale | 40 | 71 | 77.50% |
| Homes Sold | 22 | 21 | -4.55% |
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 97227
Browse Homes in 97227
The median list price of a home in Portland, is $534,911. A total of 72 properties are for sale, and the percentage of properties for sale in the zip code is 72.00%. The total count of 97227 properties is 94.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97227 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 97227; 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 97227 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 97227. There are 3 cities within 97227; 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 97227. Auction homes and other auction properties account for 1.06% of all properties in 97227. There are 3 cities within 97227; 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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More Real Estate Resources for 97227
Guide for 97227
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.