Market reports → Portland 97217

Updated May 2026 · Zillow + Redfin data

Portland 97217, by the numbers.

Multnomah County, OR. What homes are worth here, how fast they move, and what that means if you are buying or selling.

$509,520Typical home value (Zillow)
$505,000Median sale price
$301Per square foot
10 daysMedian time on market
101.2%Of asking price, typically
54%Sell above list
138Sold last month
150Homes on the market

What this means

Inventory in 97217 is thin (150 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 101.2% of asking price, and 54% of sales close above list.

Straight answers

97217 questions, answered.

What is the typical home value in 97217?

Zillow's home value index puts the typical Portland 97217 home at $509,520 as of May 2026.

How fast do homes sell in 97217?

The median time to pending in Portland 97217 is 10 days, based on Redfin sales data through May 2026.

Is 97217 a buyer's or seller's market right now?

Inventory in 97217 is thin (150 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 10 days, which is quickly. Sellers are getting about 101.2% of asking price, and 54% of sales close above list.

What do homes sell for per square foot in 97217?

The median sale price is $505,000, which works out to about $301 per square foot.

Sources: Zillow Home Value Index and Redfin market data through May 2026. Figures refresh as new data lands.

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