The 97227 housing market is somewhat competitive. The median sale price of a home in 97227 was $602K last month, up 10.2% since last year. The median sale price per square foot in 97227 is $230, down 35.6% since last year.
In March 2024, 97227 home prices were up 10.2% compared to last year, selling for a median price of $602K. On average, homes in 97227 sell after 116 days on the market compared to 73 days last year. There were 8 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$601,500
+10.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
97227, OR
$601,500
+10.2%
United States
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How hot is the 97227 housing market?
97227 is somewhat competitive. Homes sell in 66.5 days.
0
100
48
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 67 days.
Hot homes
can sell for around list price and go pending in around 12 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 97227 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97227.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97227 has a moderate risk of flooding. 105 properties in 97227 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 97227. Flood risk is increasing slower than the national average.