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Median sale price
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ZIP 97227 in Portland, OR: housing market trends

The median home sale price in ZIP 97227 in Portland, OR was $534,843 for the three-month period ending September 2026. Sale prices were 7.0% 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
$534,843
three-month period ending September 2026
Median sale price per sq ft
$323.12
three-month period ending September 2026
Active listings
26
three-month period ending September 2026
Typical monthly rent
$1,536
Rent index · August 2026

How is housing inventory changing?

There were 26 active listings for the three-month period ending September 2026. Active listings were 13.3% 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 62 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 97227 in Portland, OR
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$534,843$323.1213
Single-familySeptember 2026$849,786$293.867 · small sample
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$339,990$323.195 · small sample
Multifamily (2–4 units)September 2026$1,950,000$411.131 · 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 97227 in Portland, OR
MarketMedian sale priceReporting period / source
Portland, OR$550,000Month ending July 2026 · Zillow
Raleigh Hills, OR$874,5843 months ending September 2026 · Redfin
West Slope, OR$798,6203 months ending September 2026 · Redfin
Garden Home-Whitford, OR$582,2233 months ending September 2026 · Redfin
Milwaukie, OR$498,7623 months ending September 2026 · Redfin
Metzger, OR$529,7483 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 97227 in Portland, OR
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$534,843$323.1226
August 2026$513,500$290.6427
July 2026$513,500$328.3927
June 2026$583,500$342.3429
May 2026$618,500$338.3831
April 2026$552,500$336.4228
March 2026$451,700$328.2827
February 2026$436,700$350.3924
January 2026$870,000$325.8522
December 2025$889,000$315.7022
November 2025$440,310$315.7024
October 2025$450,000$206.3723
September 2025$500,000$217.4630
August 2025$574,000$226.0131
July 2025$606,500$311.0729
June 2025$536,000$350.7223
May 2025$505,000$385.7920
April 2025$536,000$375.7419
March 2025$675,000$325.1122
February 2025$699,000$292.5723
January 2025$711,000$292.5728
December 2024$711,000$307.5426
November 2024$661,500$315.6630
October 2024$592,000$307.5435

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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