The Unshakable Investor

Unshakable ZIP Data 97221 | Portland, OR Housing Market

Portland · Multnomah County · Portland-Vancouver-Hillsboro, OR-WA metro · Oregon · Data updated June 19, 2026

The median sale price in ZIP 97221, Portland, Oregon is $817,257 at $331 per square foot. 49 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 24 days on market with 3.1 months of supply. Sellers are getting 99.4 percent of list price and 29.2 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$785,027
Average price per sq ft$318
Median sale price$817,257
Median sale price per sq ft$331
Median home size2,469 sq ft
Median new listing price$892,273+0.8%
National size rank8,442

Sales activity

MetricValueYear over year
Homes sold49+3.0%
Median days on market24 days
Months of supply3.1 months
New listings92-6.7%
Active listings112-15.5%
Pending sales61-1.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%-0.9 pts
Share sold above list29.2%-8.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$504,747
3-bedroom
$688,961
4-bedroom
$901,641
5-bedroom
$1,053,251

These figures describe the single-family market for Portland, Oregon ZIP 97221. They are market context, not a substitute for sold comps or a formal appraisal.