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Median sale price
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ZIP 97216 in Portland, OR: housing market trends

The median home sale price in ZIP 97216 in Portland, OR was $424,875 for the three-month period ending September 2026. Sale prices were 6.2% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$424,875
three-month period ending September 2026
Median sale price per sq ft
$301.86
three-month period ending September 2026
Active listings
83
three-month period ending September 2026
Typical monthly rent
$1,655
Rent index · August 2026

How is housing inventory changing?

There were 83 active listings for the three-month period ending September 2026. Active listings were 17.0% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 23 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 97216 in Portland, OR
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$424,875$301.8648
Single-familySeptember 2026$434,890$321.3841
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$210,744$228.156 · small sample
Multifamily (2–4 units)September 2026$384,400$338.981 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 97216 in Portland, OR
MarketMedian sale priceReporting period / source
Portland, OR$550,000Month ending July 2026 · Zillow
Milwaukie, OR$498,7623 months ending September 2026 · Redfin
Gresham, OR$455,000Month ending July 2026 · Zillow
Happy Valley, OR$687,6603 months ending September 2026 · Redfin
Fairview, ORUnavailableMonth ending unavailable date · Zillow
Clackamas, OR$574,7263 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 97216 in Portland, OR
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$424,875$301.8683
August 2026$425,000$329.3386
July 2026$425,000$338.98100
June 2026$439,000$330.8592
May 2026$413,500$333.3483
April 2026$382,500$330.8574
March 2026$358,500$330.1866
February 2026$392,000$293.7758
January 2026$399,000$288.3966
December 2025$400,000$275.5171
November 2025$399,000$270.1982
October 2025$399,000$280.0599
September 2025$400,000$325.52100
August 2025$422,000$322.3799
July 2025$420,000$330.76104
June 2025$410,000$310.48110
May 2025$409,500$295.70111
April 2025$410,000$281.77108
March 2025$402,250$279.3097
February 2025$392,250$271.0291
January 2025$389,500$323.8688
December 2024$400,000$303.2083
November 2024$400,000$323.0783
October 2024$400,000$319.7489

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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