How much is a home in 97239 worth?

The typical home value in 97239 is $605,191, down 0.7% over the past year.

How long do homes take to sell in 97239?

The median days on market is 94, so sellers should expect a slower pace than a hot market would bring.

Are sellers cutting prices in 97239?

Yes. About 35.9% of listings in 97239 carry a price cut, and the median list price is $625,000.

Market Intelligence · OR / Portland

Portland, OR 97239 Housing Market

The typical home value in Portland's 97239 ZIP code is $605,191, down 0.7% over the past year. The median list price is $625,000, and homes spend a median of 94 days on the market. Sellers here are working through a slower market than in recent years.

Updated August 2026Median value$594K

The median home value in Portland, OR 97239 is $594K as of August 2026, down 0.3% 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 97239 range

$547K to $642K

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

-0.3% over 12 months

Aug 2025$596K

Low $593KHigh $602K

Aug 2026$594K

The numbers

What is the 97239 housing market like?

As of August 2026

Typical home value

$594K

0.3%YoY

Median list price

$625K

5.1%MoM

Days on market

23.7%MoM

Homes for sale

107

11.6%MoM

Price cuts

35.9%

13.1%MoM

New listings

27.3%MoM

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

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The comparison

How do 97239 home prices compare?

97239$594,027
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

As of 2026-08-01, there are 107 homes for sale in 97239, with 16 new listings added. The median list price sits at $625,000, and the median days on market is 94, which gives buyers real time to compare options before committing. Price cuts appear on 35.9% of listings, a sign that many sellers started above where buyers were willing to meet them. The typical home value of $605,191 is down 0.7% over the past year. For a seller, the honest read is that pricing carefully from day one matters more than testing the market high and cutting later.

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