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Market Intelligence · OR / Portland

Portland, OR 97219 Housing Market

The typical home in Portland's 97219 ZIP code is worth $627,484, up 1.0% over the past year as of September 2026. Homes are listed at a median of $624,875 and spend a median of 59 days on the market.

Updated September 2026Median value$627K

The median home value in Portland, OR 97219 is $627K as of September 2026, up 1.0% 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 97219 range

$577K to $678K

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

+1.0% over 12 months

Typical home value in 97219 over the last 12 months: $621K in Sep 2025 to $627K in Sep 2026 (+1.0%).

Sep 2025$621K

Sep 2026$627K

The numbers

What is the 97219 housing market like?

Typical home value

$627K

Up1.0%YoY

Median list price

$625K

Down3.8%MoM

Days on market

59

Up1.7%MoM

Homes for sale

220

Up6.8%MoM

Price cuts

36.3%

Up4.5%MoM

New listings

70

Up9.4%MoM

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

The outlook

97219 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97219 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 97219 rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in 97219?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97219 to stay roughly flat by September 2027 (down 0.2%), after a 1.0% 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 97219 home prices compare?

  • 97219$627,484
  • 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 220 homes for sale in 97219, with 70 new listings hitting the market that month. The median list price sits at $624,875, just below the typical home value of $627,484. Homes are taking a median of 59 days to sell, and 36.3% of listings have taken a price cut. Values are still up 1.0% over the past year, but buyers are negotiating harder. Sellers should price carefully and expect some back-and-forth before closing.

Monthly payment

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20% · $125,497

Common questions

What people ask us.

How much is a home in 97219 worth?

The typical home value in 97219 is $627,484 as of September 2026, up 1.0% over the past year.

How long does it take to sell a home in 97219?

Homes in 97219 spend a median of 59 days on the market as of September 2026.

Are sellers in 97219 cutting prices?

Yes. As of September 2026, 36.3% of active listings in 97219 have had a price cut, and the median list price is $624,875.

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