The 97231 housing market is somewhat competitive. The median sale price of a home in 97231 was $550K over the last 3 months, down 26.6% since the same period last year. The median sale price per square foot in 97231 is $351, up 14.7% since last year.
Over the three months ending August 2026, 97231 home prices were down 26.6% compared to the same period last year, selling for a median price of $550K. On average, homes in 97231 sell after 34 days on the market compared to 31 days last year. There were 13 homes sold in August this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$549,762
-26.6% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
97231, OR
$549,762
-26.6%
United States
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How hot is the 97231 housing market?
97231 is somewhat competitive. Homes sell in 36 days.
0
100
66
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 2% below list price and go pending in around 36 days.
Hot homes
can sell for around 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 97231 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 97231.
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
97231 has a moderate risk of flooding. 120 properties in 97231 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 97231. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
97231 has a moderate risk of wildfire. There are 828 properties in 97231 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 97231.