The 97216 housing market is very competitive. Homes in 97216 receive 1 offers on average and sell in around 8 days. The median sale price of a home in 97216 was $415K last month, down 5.7% since last year. The median sale price per square foot in 97216 is $349, up 13.7% since last year.
In May 2025, 97216 home prices were down 5.7% compared to last year, selling for a median price of $415K. On average, homes in 97216 sell after 8 days on the market compared to 10 days last year. There were 64 homes sold in May this year, up from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$415,000
-5.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
97216, OR
$415,000
-5.7%
United States
To compare other locations to the 97216 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.
Work with the best agents in 97216
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 97216 housing market?
97216 is very competitive. Homes sell in 7 days.
0
100
87
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 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 97216 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97216.
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97216 has a moderate risk of flooding. 72 properties in 97216 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 97216. Flood risk is increasing slower than the national average.