The 97048 housing market is somewhat competitive. The median sale price of a home in 97048 was $414K over the last 3 months, down 21.4% since the same period last year. The median sale price per square foot in 97048 is $251, down 22.4% since last year.
Over the three months ending September 2026, 97048 home prices were down 21.4% compared to the same period last year, selling for a median price of $414K. On average, homes in 97048 sell after 67 days on the market compared to 45 days last year. There were 16 homes sold in September this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$413,851
-21.4% YoY | Sep 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2026
Growth
% YoY
97048, OR
$413,851
-21.4%
United States
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How hot is the 97048 housing market?
97048 is somewhat competitive. Homes sell in 41 days.
0
100
47
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 41 days.
Hot homes
can sell for about 1% above list price and go pending in around 11 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 97048 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97048.
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97048 has a moderate risk of flooding. 153 properties in 97048 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 97048. Flood risk is increasing faster than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
97048 has a moderate risk of wildfire. There are 212 properties in 97048 that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in 97048.