Market Intelligence · OR / Portland

Portland, OR 97214 Housing Market

The typical home value in Portland's 97214 ZIP is $671,763 as of September 2026, up 3.7% over the past year. The median list price is $562,400, and homes are spending a median of 51 days on the market.

Updated September 2026Median value$672K

The median home value in Portland, OR 97214 is $672K as of September 2026, up 3.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 97214 range

$618K to $726K

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

+3.7% over 12 months

Sep 2025$648K

Low $648KHigh $672K

Sep 2026$672K

The numbers

What is the 97214 housing market like?

As of September 2026

Typical home value

$672K

3.7%YoY

Median list price

$562K

4.7%MoM

Days on market

12.1%MoM

Homes for sale

7.5%MoM

Price cuts

20.0%

42.1%MoM

New listings

116.7%MoM

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

The outlook

97214 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97214 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 97214 rose 3.7%, per the Zillow Home Value Index.

Will home prices drop in 97214?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97214 to stay roughly flat by September 2027 (up 0.1%), after a 3.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 97214 home prices compare?

97214$671,763
Portland$547,291
Oregon$456,438
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 37 homes for sale in 97214, with 26 new listings coming on the market. The median list price sits at $562,400, well below the typical home value of $671,763, which suggests many current listings are smaller or lower-priced homes than the area's typical property. Homes are taking a median of 51 days to sell, so buyers have some time to compare options. Meanwhile, 20.0% of listings have taken a price cut. For a seller, the value trend is working in your favor, but pricing right from the start matters more than it did in a faster market.

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Common questions

What people ask us.

How much is a home in 97214 worth?

The typical home value in 97214 is $671,763 as of September 2026, up 3.7% over the past year.

How long does it take to sell a home in 97214?

Homes in 97214 are spending a median of 51 days on the market as of September 2026.

Are sellers in 97214 cutting their prices?

As of September 2026, 20.0% of listings in 97214 have taken a price cut.

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