The median sale price of a home in 97040 was $607K last month, down 12.7% since last year. The median sale price per square foot in 97040 is $398, down 6.4% since last year.
In June 2025, 97040 home prices were down 12.7% compared to last year, selling for a median price of $607K. On average, homes in 97040 sell after 15 days on the market compared to 35 days last year. There were 4 homes sold in June this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$606,750
-12.7% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
97040, OR
$606,750
-12.7%
United States
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.3%
+1.7 pt YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 97040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97040.
Flood Factor - Major
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97040 has a major risk of flooding. 76 properties in 97040 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 97040. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
97040 has an extreme risk of wildfire. There are 1,217 properties in 97040 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 97040.