Market Intelligence · OR / Portland

Portland, OR 97213 Housing Market

The typical home in Portland 97213 is valued at $553,940, up 1.1% over the past year. The median list price is $432,075, and homes are taking a median 52 days on market.

Updated August 2026Median value$554K

The median home value in Portland, OR 97213 is $554K as of August 2026, up 1.1% 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 97213 range

$510K to $598K

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

+1.1% over 12 months

Typical home value in 97213 over the last 12 months: $548K in Jul 2025 to $554K in Jul 2026 (+1.1%).

Jul 2025$548K

Jul 2026$554K

The numbers

What is the 97213 housing market like?

Typical home value

$554K

Up1.1%YoY

Median list price

$400K

Down7.4%MoM

Days on market

48

Down7.7%MoM

Homes for sale

75

Down2.6%MoM

Price cuts

23.2%

Down17.5%MoM

New listings

24

Down53.8%MoM

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

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The comparison

How do 97213 home prices compare?

  • 97213$553,940
  • 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

The Portland 97213 market shows moderate activity with 77 homes for sale and 52 new listings as of July 2026. Homes are spending a median 52 days on market, suggesting steady but not rushed sales. Price cuts are common here, appearing on 28.1% of listings. Despite recent growth in home values, the prevalence of price reductions suggests sellers should price competitively and be realistic about their timeline.

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