Market Intelligence · OR / Portland

Portland, OR 97220 Housing Market

The typical home value in Portland's 97220 ZIP code is $432,789, down 0.4% over the past year. The median list price sits at $462,225, and homes are taking a median of 36 days to sell as of June 2026.

Updated June 2026Median value$433K

The median home value in Portland, OR 97220 is $433K 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.

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Typical 97220 range

$398K to $467K

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

-0.4% over 12 months

Typical home value in 97220 over the last 12 months: $435K in Jun 2025 to $433K in Jun 2026 (-0.4%).

Jun 2025$435K

Jun 2026$433K

The numbers

What is the 97220 housing market like?

Typical home value

$433K

Down0.4%YoY

Median list price

$462K

Days on market

36

Up125.0%MoM

Homes for sale

59

Price cuts

25.8%

New listings

34

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

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The comparison

How do 97220 home prices compare?

  • 97220$432,789
  • 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 are 59 homes for sale in 97220, with 34 new listings added recently. The median list price is $462,225, while the typical home value is $432,789, down 0.4% over the past year. About 25.8% of listings have had a price cut. With a median of 36 days on market, homes are moving at a steady pace. Sellers should price carefully, since values have softened slightly and buyers have options.

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