Home ValuePros

Market Intelligence · OR / Portland

Portland, OR 97216 Housing Market

The typical home value in Portland's 97216 ZIP code is $430,839, down 0.4% over the past year. The median list price sits at $402,925, and homes take a median of 58 days on market.

Updated June 2026Median value$431K

The median home value in Portland, OR 97216 is $431K as of June 2026, down 0.4% 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 97216 range

$396K to $465K

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 97216 market stats. Unsubscribe anytime.

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

12-month value trend

-0.4% over 12 months

Typical home value in 97216 over the last 12 months: $432K in Jun 2025 to $431K in Jun 2026 (-0.4%).

Jun 2025$432K

Jun 2026$431K

The numbers

What is the 97216 housing market like?

Typical home value

$431K

Down0.4%YoY

Median list price

$403K

Days on market

58

Up190.0%MoM

Homes for sale

40

Price cuts

30.4%

New listings

22

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

Free home value report

See what your 97216 home is worth.

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

The comparison

How do 97216 home prices compare?

  • 97216$430,839
  • Portland$565,700
  • Oregon$464,860
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 40 homes for sale in 97216, with 22 new listings added. The median list price was $402,925, while the typical home value came in at $430,839, down 0.4% over the past year. Homes are taking a median of 58 days on market, and 30.4% of listings had a price cut. For sellers, this points to a market where buyers have time and options, so realistic pricing matters.

Monthly payment

Estimate your monthly payment.

20% · $86,168

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.