Home ValuePros

Market Intelligence · OR / Portland

Portland, OR 97236 Housing Market

The typical home value in Portland, OR 97236 is $435,422, essentially flat over the past year. The median list price stands at $475,000, with homes spending a median of 63 days on market.

Updated August 2026Median value$435K

The median home value in Portland, OR 97236 is $435K as of August 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 97236 range

$401K to $470K

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 97236 over the last 12 months: $436K in Jul 2025 to $435K in Jul 2026 (-0.1%).

Jul 2025$436K

Jul 2026$435K

The numbers

What is the 97236 housing market like?

Typical home value

$435K

Down0.1%YoY

Median list price

$480K

Up1.1%MoM

Days on market

71

Up12.7%MoM

Homes for sale

88

Down1.1%MoM

Price cuts

28.8%

Up15.9%MoM

New listings

24

Down29.4%MoM

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

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The comparison

How do 97236 home prices compare?

  • 97236$435,422
  • Portland$559,538
  • Oregon$464,217
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 32 ZIPs; Oregon: 339 ZIPs; United States: 26,266 ZIPs).

Context

The market shows mixed signals. There are 89 homes for sale, with 34 new listings as of July 2026. However, 24.8% of listings have already seen a price cut, suggesting sellers are adjusting to current conditions. Median days on market at 63 days indicates moderate velocity. For sellers, the flat year-over-year value trend combined with price cuts on nearly one-quarter of listings suggests this is a balanced market where pricing strategy matters.

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20% · $87,084

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