Market Intelligence · OR / Portland

Portland, OR 97214 Housing Market

The typical home value in Portland's 97214 ZIP is $682,591, up 2.8% over the past year. Homes are selling at a median list price of $582,400 and spending a median 52 days on market.

Updated August 2026Median value$683K

The median home value in Portland, OR 97214 is $683K as of August 2026, up 2.8% 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 97214 range

$628K to $737K

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

+2.8% over 12 months

Typical home value in 97214 over the last 12 months: $664K in Jul 2025 to $683K in Jul 2026 (+2.8%).

Jul 2025$664K

Jul 2026$683K

The numbers

What is the 97214 housing market like?

Typical home value

$683K

Up2.8%YoY

Median list price

$590K

Up1.3%MoM

Days on market

58

Up11.5%MoM

Homes for sale

40

Down9.1%MoM

Price cuts

34.5%

Down5.2%MoM

New listings

12

Down25.0%MoM

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

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The comparison

How do 97214 home prices compare?

  • 97214$682,591
  • 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

There are 44 homes for sale in 97214 as of early July 2026, with 16 new listings entering the market. A notable 36.4% of active listings have received a price cut, signaling some adjustment in seller expectations. The gap between typical home value and median list price suggests homes are listed below their assessed worth. For sellers, this means the market is moving, but patience and realistic pricing remain important.

Monthly payment

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20% · $136,518

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