Market Intelligence · OR / Portland
Portland, OR 97231 Housing Market
The typical home value in Portland's 97231 ZIP code is $721,481, down 0.5% over the past year. The median list price sits at $675,000, and homes are taking a median of 64 days on market as of June 1, 2026.
The median home value in Portland, OR 97231 is $721K as of June 2026, down 0.5% 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 97231 range
$664K to $779K
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
Jun 2025$725K
Low $717KHigh $733K
Jun 2026$721K