Market Intelligence · OR / Portland

Portland, OR 97205 Housing Market

In Portland's 97205 ZIP code, the typical home value is $496,759, up 1.3% over the past year. The median list price is $588,500, and homes are taking a median of 90 days on market.

Updated June 2026Median value$497K

The median home value in Portland, OR 97205 is $497K as of June 2026, up 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97205 range

$457K to $537K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Typical home value in 97205 over the last 12 months: $491K in Jun 2025 to $497K in Jun 2026 (+1.3%).

Jun 2025$491K

Jun 2026$497K

The numbers

What is the 97205 housing market like?

Typical home value

$497K

Up1.3%YoY

Median list price

$589K

Days on market

90

Up542.9%MoM

Homes for sale

53

Price cuts

15.3%

New listings

8

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 97205 home prices compare?

  • 97205$496,759
  • Portland$565,700
  • Oregon$464,860
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 53 homes for sale in 97205, with 8 new listings added. The median list price sits at $588,500, while the typical home value is $496,759, up 1.3% over the past year. Homes take a median of 90 days on market, and 15.3% of listings have had a price cut. If you are considering selling here, plan for a slower pace and price with the longer timeline in mind.

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20% · $99,352

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