Market Intelligence · OR / Portland

Portland, OR 97230 Housing Market

The typical home value in Portland's 97230 ZIP code is $462,978, down 0.1% over the past year. The median list price sits at $444,450, and homes are taking a median of 47 days on market.

Updated June 2026Median value$463K

The median home value in Portland, OR 97230 is $463K as of June 2026, down 0.1% 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 97230 range

$426K to $500K

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

-0.1% over 12 months

Typical home value in 97230 over the last 12 months: $464K in Jun 2025 to $463K in Jun 2026 (-0.1%).

Jun 2025$464K

Jun 2026$463K

The numbers

What is the 97230 housing market like?

Typical home value

$463K

Down0.1%YoY

Median list price

$444K

Days on market

47

Up84.3%MoM

Homes for sale

111

Price cuts

22.5%

New listings

68

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

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The comparison

How do 97230 home prices compare?

  • 97230$462,978
  • 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 2026, there were 111 homes for sale in 97230, with 68 new listings added. The median list price was $444,450, and homes spent a median of 47 days on market. About 22.5% of listings had a price cut, and the typical home value of $462,978 was down 0.1% over the past year. For a seller, this points to a market that has cooled and steadied rather than accelerated, so pricing realistically matters.

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