The story of this market
The typical home in ZIP 97201 sells for about $415,000, or $318 per square foot.
Prices are down 35.16% from a year ago, which gives buyers more room to negotiate. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,580 a month.
ZIP 97201 — Portland
The 97201 housing market is currently experiencing significant downward pressure on pricing and high inventory relative to sales volume. With a high share of price cuts and a substantial year-over-year decline in median sale price, the market favors buyers who are currently exercising significant leverage.
Median prices moved down 35.2% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
50% of listings have cut prices · homes sell at 100% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 12.0% — a stable, low-distress profile.
ZCTA 97201, Multnomah County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from zipdatamaps.com and realtor.com local market reports.
- Hopscotch Portland4.81.7 mi
- Oaks Amusement Park4.42.6 mi
- Langer's Entertainment Center4.412.2 mi
- Bullwinkle's4.414.1 mi
- Sky Zone Trampoline Park3.85.5 mi
- Moda Center4.52.1 mi
- Providence Park4.61.1 mi
- Oregon Convention Center4.52 mi
- Revolution Hall4.62 mi
- Portland Art Museum4.60.8 mi
- Powell's City of Books4.91.3 mi
- Oregon Zoo4.51.3 mi
- Portland Japanese Garden4.61.3 mi
- The Grotto4.76.5 mi
- Providence Park4.61.1 mi
- Portland Japanese Garden4.61.3 mi
- OMSI4.51.1 mi
- The Grotto4.76.5 mi
- Hopscotch Portland4.81.7 mi
- Portland Art Museum4.60.8 mi
- Portland Japanese Garden4.61.3 mi
- The Grotto4.76.5 mi
- International Rose Test Garden4.81.2 mi
- Laurelhurst Park4.73.1 mi
- Mt. Tabor Park4.84.5 mi
- Portland Yacht Club4.76.8 mi
- Riverplace Marina4.60.8 mi
- Fred's Marina4.49.6 mi
- Tomahawk Bay Marina4.37 mi
- Rocky Pointe Marina4.115.9 mi
- Topgolf Hillsboro4.512 mi
- RedTail Golf Center45.3 mi
- Heron Lakes Golf Course4.16.9 mi
- Glendoveer Golf & Tennis4.48.3 mi
- Eastmoreland Golf Course4.33.2 mi
- Washington Square4.45.9 mi
- Clackamas Town Center4.37.4 mi
- Vancouver Mall4.211.6 mi
- Uwajimaya Beaverton4.74.9 mi
- Bridgeport Village4.48.2 mi
- Portland International Airport4.57.2 mi
- Providence Saint Vincent Hospital Heliport4.64.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).