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 from Google Maps, 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%).