97233 Home Values & Market Trends

There are 478 homes currently listed for 97233. 97233 real estate market trends show that home prices range from $42,000 to $1,200,000, and the median sales price in the 97233 zip code is $404,976. The total number of properties sold within the past twelve months is 392. In 97233, 17 properties are in foreclosure, 5 are bank owned properties,and 9 are headed for auction.

97233 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portland

$ 556,037

$ 337/sqft

Portland

$ 555,831

$ 337/sqft

Portland

$ 555,831

$ 337/sqft

Housing Market Summary for 97233

Sep 2025September 2026Change
Median Listing Price$399.9K$413.9K3.50%
Median Sold Price$393.1K$400.8K1.96%
Homes For Sale32447045.06%
Homes Sold1461470.68%
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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 97233

The median list price of a home in Portland, is $404,976. A total of 478 properties are for sale, and the percentage of properties for sale in the zip code is 478.00%. The total count of 97233 properties is 657.

Foreclosure
There are 3 cities within 97233; within these cities, the median estimated home value for homes in foreclosure ranges from $1,767,364 in portland to the lowest value of $135,211 in portland. Foreclosure homes account for 2.00% of properties in 97233 with portland containing 342 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 97233 with portland containing 52 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 97233; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,207,597 in portland to the lowest home value of $135,211 in portland.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 97233 ranges from the highest value of $1,217,397 in portland to the lowest value of $142,162 in portland. Bank owned homes and properties account for 0.76% of properties in 97233. There are 3 cities within 97233; portland containing 61 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    portland has 229 auction properties, the highest number of properties going to auction in a single city in the state of 97233. Auction homes and other auction properties account for 1.37% of all properties in 97233. There are 3 cities within 97233; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.75% of residential properties in 97233 with portland containing 14701 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 97233; homes for sale in those cities, have a range of median values from $25,000,000 in portland to the lowest value of $98,785 in portland.
    Sold Homes
    The median value for recently sold homes ranges from $3,645,559 in portland to the lowest price of $19,898 in portland. There are 3 cities within 97233. portland has 5274 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 22.07% of properties in 97233.

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      Guide for 97233

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.