Market Intelligence · OR / Portland

Portland, OR 97214 Housing Market

In Portland, OR 97214, the typical home value is $682,591, up 2.8% over the past year. The median list price is $589,950, and homes are spending a median of 58 days on the market. Sellers should read that as steady, not runaway, demand.

Updated August 2026Median value$677K

The median home value in Portland, OR 97214 is $677K 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 97214 range

$623K to $731K

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 97214 over the last 12 months: $655K in Aug 2025 to $677K in Aug 2026 (+3.3%).

Aug 2025$655K

Aug 2026$677K

The numbers

What is the 97214 housing market like?

Typical home value

$677K

Up3.3%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97214 home prices compare?

  • 97214$676,883
  • 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 40 homes for sale in 97214, with 12 new listings adding more choices. The median list price is $589,950, while the typical home value is $682,591 and is up 2.8% over the past year. A median of 58 days on market gives buyers some time to compare options. With 34.5% of listings showing a price cut, sellers should expect scrutiny on condition and pricing. The honest read is that well priced homes can still sell, but ambitious pricing is getting tested.

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