Market Intelligence · OR / Portland
Portland, OR 97227 Housing Market
The typical home in Portland's 97227 ZIP code is worth $565,135, down 3.3% over the past year. The median list price is $415,000, and homes are spending a median of 73 days on market. That points to a slower market that favors buyers more than sellers.
The median home value in Portland, OR 97227 is $553K as of August 2026, down 2.7% 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 97227 range
$509K to $597K
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
-2.7% over 12 months
Aug 2025$568K
Low $552KHigh $568K
Aug 2026$553K