Market Intelligence · OR / Portland

Portland, OR 97211 Housing Market

The typical home value in 97211 is $567,526, up 0.2% over the past year. The median list price sits at $544,950, with homes taking 47 days on the market.

Updated August 2026Median value$568K

The median home value in Portland, OR 97211 is $568K as of August 2026, up 0.2% 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

$522K to $613K

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

+0.2% over 12 months

Typical home value in 97211 over the last 12 months: $566K in Jul 2025 to $568K in Jul 2026 (+0.2%).

Jul 2025$566K

Jul 2026$568K

The numbers

What is the 97211 housing market like?

Typical home value

$568K

Up0.2%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 (July 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97211 home prices compare?

  • 97211$567,526
  • Portland$559,538
  • Oregon$464,217
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,266 ZIPs).

Context

Portland's 97211 ZIP has 69 homes for sale and 36 new listings as of mid-2026. The median days on market of 47 suggests a steady sales pace without extreme urgency. Price cuts appear on 26.5% of listings, signaling some negotiation room in a market that has barely moved in value terms. For sellers, this is a balanced market where pricing strategy matters more than timing.

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20% · $113,505

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