97224 Home Values & Market Trends
There are 70 homes currently listed for 97224. 97224 real estate market trends show that home prices range from $189,000 to $1,300,000, and the median sales price in the 97224 zip code is $604,805.58. The total number of properties sold within the past twelve months is 594. In 97224, 8 properties are in foreclosure, 0 are bank owned properties,and 7 are headed for auction.
97224 Real Estate Market Overview
Housing Market Summary for 97224
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $550K | $588.6K | 7.02% |
Median Sold Price | $589.5K | $588.6K | -0.16% |
Homes For Sale | 39 | 66 | 69.23% |
Homes Sold | 331 | 340 | 2.72% |
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 97224
Browse Homes in 97224
The median list price of a home in Portland, is $604,805.58. A total of 70 properties are for sale, and the percentage of properties for sale in the zip code is 70.00%. The total count of 97224 properties is 11,538.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in 97224 with portland containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 97224; of those cities, the estimated home value for pre-foreclosure homes ranges from $678,170 in portland to the lowest home value of $175,564 in portland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97224 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 97224. There are 3 cities within 97224; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsportland has 156 auction properties, the highest number of properties going to auction in a single city in the state of 97224. Auction homes and other auction properties account for 0.06% of all properties in 97224. There are 3 cities within 97224; 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 97224
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.