Market Intelligence · OR / Portland

Portland, OR 97211 Housing Market

In Portland's 97211 ZIP code, the typical home value is $567,526, up 0.2% over the past year as of 2026-07-01. The median list price stands at $575,000, and homes are spending a median of 38 days on the market as of 2026-08-01.

Updated August 2026Median value$561K

The median home value in Portland, OR 97211 is $561K as of August 2026, up 0.6% 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 97211 range

$516K to $605K

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

+0.6% over 12 months

Typical home value in 97211 over the last 12 months: $557K in Aug 2025 to $561K in Aug 2026 (+0.6%).

Aug 2025$557K

Aug 2026$561K

The numbers

What is the 97211 housing market like?

Typical home value

$561K

Up0.6%YoY

Median list price

$575K

Up5.5%MoM

Days on market

38

Down19.1%MoM

Homes for sale

68

Down1.4%MoM

Price cuts

22.5%

Down15.0%MoM

New listings

48

Up33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97211 home prices compare?

  • 97211$560,540
  • Portland$550,740
  • Oregon$458,140
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

The 97211 market is holding steady rather than heating up. Typical home values sit at $567,526, up just 0.2% over the past year as of 2026-07-01. As of 2026-08-01 there were 68 homes for sale, with 48 new listings hitting the market and a median list price of $575,000. Homes are taking a median of 38 days to move, and 22.5% of listings have taken a price cut. For a seller, that points to a balanced market where realistic pricing matters more than waiting for values to climb.

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