Home ValuePros

Market Intelligence · OR / Portland

Portland, OR 97212 Housing Market

The typical home value in Portland 97212 is $795,187, up 3.3% over the past year. Homes are listing at a median price of $837,200 and staying on the market for 40 days on average.

Updated August 2026Median value$795K

The median home value in Portland, OR 97212 is $795K as of August 2026, up 3.3% 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 97212 range

$732K to $859K

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

+3.3% over 12 months

Typical home value in 97212 over the last 12 months: $770K in Jul 2025 to $795K in Jul 2026 (+3.3%).

Jul 2025$770K

Jul 2026$795K

The numbers

What is the 97212 housing market like?

Typical home value

$795K

Up3.3%YoY

Median list price

$769K

Down8.1%MoM

Days on market

40

Flat0.0%MoM

Homes for sale

49

Up8.9%MoM

Price cuts

27.2%

Up72.4%MoM

New listings

32

Up14.3%MoM

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

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The comparison

How do 97212 home prices compare?

  • 97212$795,187
  • 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 97212 has 45 homes for sale as of July 2026, with 28 new listings coming to market. The median list price stands at $837,200, and homes are taking 40 days to sell. About 15.8% of listings have seen a price cut, which suggests some sellers are adjusting expectations. Despite modest appreciation of 3.3% year-over-year, the market is moderating. If you're thinking about selling, expect a slower pace than in previous years.

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