Market reports → Portland 97227
Updated May 2026 · Zillow + Redfin data
Portland 97227, 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.
What this means
Inventory in 97227 is thin (16 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 29 days, which is at a moderate pace. Sellers are getting about 100.3% of asking price, and 46% of sales close above list.
Straight answers
97227 questions, answered.
What is the typical home value in 97227?
Zillow's home value index puts the typical Portland 97227 home at $569,495 as of May 2026.
How fast do homes sell in 97227?
The median time to pending in Portland 97227 is 29 days, based on Redfin sales data through May 2026.
Is 97227 a buyer's or seller's market right now?
Inventory in 97227 is thin (16 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 29 days, which is at a moderate pace. Sellers are getting about 100.3% of asking price, and 46% of sales close above list.
What do homes sell for per square foot in 97227?
The median sale price is $617,000, which works out to about $337 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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