Market Intelligence · OR / Portland

Portland, OR 97219 Housing Market

The typical home value in Portland's 97219 ZIP code is $639,561, down 0.3% over the past year. The median list price stands at $655,250, with homes spending a median of 53 days on the market.

Updated August 2026Median value$640K

The median home value in Portland, OR 97219 is $640K as of August 2026, down 0.3% 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 97219 range

$588K to $691K

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

-0.3% over 12 months

Typical home value in 97219 over the last 12 months: $641K in Jul 2025 to $640K in Jul 2026 (-0.3%).

Jul 2025$641K

Jul 2026$640K

The numbers

What is the 97219 housing market like?

Typical home value

$640K

Down0.3%YoY

Median list price

$649K

Down0.9%MoM

Days on market

58

Up9.4%MoM

Homes for sale

206

Up3.0%MoM

Price cuts

34.8%

Up5.7%MoM

New listings

64

Down34.7%MoM

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

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The comparison

How do 97219 home prices compare?

  • 97219$639,561
  • 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 200 homes for sale in the area as of early July 2026, with 98 new listings recently added to the market. The median time to sell remains at 53 days. Notably, 32.9% of listings have received price cuts, suggesting sellers are adjusting to current conditions. The slight year-over-year decline in typical home value reflects a market that is neither booming nor collapsing, but rather stabilizing. If you're considering selling, expect a measured pace and be prepared for the possibility of negotiation.

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