Market Intelligence · OR / Portland

Portland, OR 97239 Housing Market

The typical home value in Portland's 97239 ZIP code is $610,466, down 0.9% over the past year. The median list price is $689,000, and homes are taking a median of 68 days on market.

Updated June 2026Median value$610K

The median home value in Portland, OR 97239 is $610K as of June 2026, down 0.9% 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

$562K to $659K

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

-0.9% over 12 months

Typical home value in 97239 over the last 12 months: $616K in Jun 2025 to $610K in Jun 2026 (-0.9%).

Jun 2025$616K

Jun 2026$610K

The numbers

What is the 97239 housing market like?

Typical home value

$610K

Down0.9%YoY

Median list price

$689K

Days on market

68

Up88.9%MoM

Homes for sale

126

Price cuts

29.1%

New listings

22

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

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The comparison

How do 97239 home prices compare?

  • 97239$610,466
  • 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, 97239 had 126 homes for sale, with 22 new listings added. The typical home value stands at $610,466, down 0.9% over the past year. The median list price is $689,000, and the median time on market is 68 days. About 29.1% of listings have had a price cut. For sellers, this is a slower market where pricing carefully from the start matters more than expecting a quick sale.

Monthly payment

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20% · $122,093

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