How much is a home in 97236 worth?

The typical home value in 97236 is $435,422, down 0.1% over the past year.

How long does it take to sell a home in 97236?

Homes in 97236 are spending a median of 71 days on market, with 88 homes currently for sale.

Are sellers cutting prices in 97236?

Yes. 28.8% of active listings in 97236 have had a price cut, while the median list price stands at $480,000.

Market Intelligence · OR / Portland

Portland, OR 97236 Housing Market

The typical home value in Portland, OR 97236 is $435,422, down 0.1% over the past year. The median list price is $480,000, and homes are spending a median of 71 days on market.

Updated August 2026Median value$430K

The median home value in Portland, OR 97236 is $430K as of August 2026, down 0.2% 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 97236 range

$395K to $464K

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

-0.2% over 12 months

Aug 2025$430K

Low $429KHigh $434K

Aug 2026$430K

The numbers

What is the 97236 housing market like?

As of August 2026

Typical home value

$430K

0.2%YoY

Median list price

$480K

1.1%MoM

Days on market

12.7%MoM

Homes for sale

1.1%MoM

Price cuts

28.8%

15.9%MoM

New listings

29.4%MoM

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

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The comparison

How do 97236 home prices compare?

97236$429,564
Portland$550,740
Oregon$458,140
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There are 88 homes for sale in 97236, with 24 new listings added recently. The typical home value sits at $435,422, down 0.1% over the past year, while the median list price is $480,000. Homes are taking a median of 71 days to go under contract, and 28.8% of active listings have had a price cut. That gap between asking prices and actual values, combined with slow turnover, suggests buyers have room to negotiate. For a seller, pricing realistically from day one matters more than testing the market high.

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