97216 Real Estate Market

97216 Market

The median sale price for homes in 97216 over the last 12 months is $174,978.


The median mortgage debt is $126,334.

Additional Statistics for Single Family Homes and Condos in Portland, OR
$178,080
Median Listing Price
76
Median Days on Market
59
Active Listings
47.5%
Distressed Listings
(foreclosures and short sales)
97216 (Portland, OR) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Portland is $179,900. The list prices increased by 5.82% from the previous month.

The price per square foot for listings in this area is $108.

The median sale price in January for single family homes is $146,350. The sale prices dropped by -3.71% from the previous month.

The price per square foot for sales in this area is $74.

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97216 (Portland, OR) Market Inventory Trends

The number of active listings in Portland increased by 7.5% from the previous month.

The median number of days active properties have been listed is 76. This is significantly shorter than the national average.

The number of sales in January dropped by 52.9% from the previous month.

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97216 (Portland, OR) Property Ownership

The percent of unoccupied properties is very low in Portland. It is -8.15% below the national average.

The percent of rental properties in Portland is 15.15% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.