97231 Home Values & Market Trends
There are 11 homes currently listed for 97231. 97231 real estate market trends show that home prices range from $99,900 to $4,195,000, and the median sales price in the 97231 zip code is $722,645.29. The total number of properties sold within the past twelve months is 61. In 97231, 3 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
97231 Real Estate Market Overview
Housing Market Summary for 97231
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.6M | $684K | -57.25% |
| Median Sold Price | $627.7K | $684K | 8.97% |
| Homes For Sale | 17 | 13 | -23.53% |
| Homes Sold | 37 | 34 | -8.11% |
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 97231
Browse Homes in 97231
The median list price of a home in Portland, is $722,645.29. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 97231 properties is 1,821.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97231 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 97231; 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 97231 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 0.05% of properties in 97231. There are 3 cities within 97231; portland containing 24 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportland has 152 auction properties, the highest number of properties going to auction in a single city in the state of 97231. Auction homes and other auction properties account for 0.11% of all properties in 97231. There are 3 cities within 97231; 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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Guide for 97231
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.