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Market Intelligence · OR / Portland

Portland, OR 97225 Housing Market

In Portland's 97225 ZIP code, the typical home value is $734,012, up 0.5% over the past year as of September 2026. The median list price stands at $725,200, and homes are spending a median of 51 days on the market.

Updated September 2026Median value$734K

The median home value in Portland, OR 97225 is $734K as of September 2026, up 0.5% 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 97225 range

$675K to $793K

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

+0.5% over 12 months

Typical home value in 97225 over the last 12 months: $730K in Sep 2025 to $734K in Sep 2026 (+0.5%).

Sep 2025$730K

Sep 2026$734K

The numbers

What is the 97225 housing market like?

Typical home value

$734K

Up0.5%YoY

Median list price

$725K

Down14.6%MoM

Days on market

51

Flat0.0%MoM

Homes for sale

80

Down1.2%MoM

Price cuts

32.6%

Down6.2%MoM

New listings

36

Up12.5%MoM

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

The outlook

97225 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97225 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 97225 rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in 97225?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 97225 to stay roughly flat by September 2027 (up 0.2%), after a 0.5% 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 97225 home prices compare?

  • 97225$734,012
  • 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

The 97225 market in Portland shows modest momentum. Typical home values reached $734,012 in September 2026, up 0.5% over the past year. Sellers are listing at a median of $725,200, and homes take a median of 51 days to go under contract. Inventory includes 80 homes for sale, with 36 new listings added, and 32.6% of listings have taken a price cut. For a seller, this means pricing realistically from the start matters, since buyers here have room to wait and negotiate.

Monthly payment

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20% · $146,802

Common questions

What people ask us.

How much is a home in 97225 worth?

The typical home value in 97225 is $734,012 as of September 2026, up 0.5% over the past year.

How long does it take to sell a home in 97225?

Homes in 97225 spend a median of 51 days on the market as of September 2026.

Are sellers cutting prices in 97225?

Yes. As of September 2026, 32.6% of listings in 97225 have taken a price cut, with 80 homes for sale.

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