The 97038 housing market is somewhat competitive. The median sale price of a home in 97038 was $522K over the last 3 months, up 5.4% since the same period last year. The median sale price per square foot in 97038 is $320, up 4.7% since last year.
Over the three months ending June 2026, 97038 home prices were up 5.4% compared to the same period last year, selling for a median price of $522K. On average, homes in 97038 sell after 17 days on the market compared to 29 days last year. There were 38 homes sold in June this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$521,882
+5.4% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
97038, OR
$521,882
+5.4%
United States
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How hot is the 97038 housing market?
97038 is somewhat competitive. Homes sell in 31 days.
0
100
61
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 1% above list price and go pending in around 9 days.
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 97038 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97038.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97038 has a minor risk of flooding. 190 properties in 97038 are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in 97038. Flood risk is increasing slower than the national average.
8% of properties are at risk of wildfire over the next 30 years
Fire Factor
97038 has a moderate risk of wildfire. There are 586 properties in 97038 that have some risk of being affected by wildfire over the next 30 years. This represents 8% of all properties in 97038.