The 97016 housing market is very competitive. The median sale price of a home in 97016 was $390K last month, down 7.5% since last year. The median sale price per square foot in 97016 is $212, down 6.6% since last year.
In October 2024, 97016 home prices were down 7.5% compared to last year, selling for a median price of $390K. On average, homes in 97016 sell after 40 days on the market compared to 50 days last year. There were 11 homes sold in October this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
-7.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
97016, OR
$390,000
-7.5%
United States
To compare other locations to the 97016 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oregon add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 97016 housing market?
97016 is very competitive. Homes sell in 22.5 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Julius A Wendt Elementary/john C Thomas Middle School
Public • K-8
283
Students
4 reviews
NR
Mist Elementary School
Public • K-5
18
Students
2 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 97016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97016.
Flood Factor - Major
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97016 has a major risk of flooding. 909 properties in 97016 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 97016. Flood risk is increasing slower than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
97016 has a moderate risk of wildfire. There are 3,565 properties in 97016 that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in 97016.