The 97038 housing market is very competitive. The median sale price of a home in 97038 was $470K last month, down 0.46% since last year. The median sale price per square foot in 97038 is $301, up 21.4% since last year.
In January 2025, 97038 home prices were down 0.46% compared to last year, selling for a median price of $470K. On average, homes in 97038 sell after 51 days on the market compared to 35 days last year. There were 22 homes sold in January this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$470,310
-0.46% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
97038, OR
$470,310
-0.46%
United States
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How hot is the 97038 housing market?
97038 is very competitive. Homes sell in 46.5 days.
0
100
71
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 47 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 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
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97038 has a minor risk of flooding. 523 properties in 97038 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 97038. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
97038 has a major risk of wildfire. There are 7,212 properties in 97038 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 97038.