Market Intelligence · OR / Portland

Portland, OR 97212 Housing Market

In Portland, OR 97212, the typical home value is $795,187, up 3.3% over the past year. The median list price is $769,000 and homes spend a median of 40 days on market. Sellers are still seeing value growth, even if buyers have some room to negotiate.

Updated August 2026Median value$789K

The median home value in Portland, OR 97212 is $789K as of August 2026, up 3.7% 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.

Get a cash offer

Sell without the wait

Sell your Portland home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 97212 range

$726K to $852K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 97212 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Portland, OR.

12-month value trend

+3.7% over 12 months

Typical home value in 97212 over the last 12 months: $761K in Aug 2025 to $789K in Aug 2026 (+3.7%).

Aug 2025$761K

Aug 2026$789K

The numbers

What is the 97212 housing market like?

Typical home value

$789K

Up3.7%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 97212 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 97212 home prices compare?

  • 97212$789,018
  • 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

There are 49 homes for sale in 97212, with 32 new listings adding fresh options for buyers. The typical home value is $795,187, up 3.3% over the past year, while the median list price sits at $769,000. A median of 40 days on market points to a steady pace rather than a rushed one. With 27.2% of listings taking a price cut, overpricing is being corrected. For a seller, condition and realistic pricing matter more than momentum.

Monthly payment

Estimate your monthly payment.

20% · $157,804

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.