97231 — Portland, OR home prices
ZIP 97231 is falling, a premium-priced area.
Momentum-1.1%Falling
Vs typical+51%Premium
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $275,352 → today: $702,638 (2.6×)
Typical home value
$702,638
Zillow ZHVI
Since 2000
+155%
Rank in OR
#23
of 339 ZIPs
Market read
At $702,638, ZIP 97231 in Portland is 51% above the typical OR ZIP ($464,685), ranking #23 of 339.
It sits in Multnomah County — see full county data →.
Home value history
Zillow ZHVI, yearly.
Other ZIPs in Portland
97212 · 97221 · 97229 · 97210 · 97214 · 97232 · 97215 · 97219
Frequently asked questions
What is the average home value in ZIP code 97231?
The typical home in ZIP 97231 (Portland, OR) is worth $702,638 — 51% above the typical OR ZIP ($464,685).
How have home prices in 97231 changed since 2000?
Home values in ZIP 97231 are +155% versus 2000.
What county is ZIP 97231 in?
ZIP 97231 is in Multnomah County.
| Year | ZIP 97231 home value |
|---|---|
| 2000 | $275,352 |
| 2001 | $283,794 |
| 2002 | $292,238 |
| 2003 | $292,817 |
| 2004 | $326,307 |
| 2005 | $392,216 |
| 2006 | $438,230 |
| 2007 | $473,902 |
| 2008 | $430,646 |
| 2009 | $384,006 |
| 2010 | $352,813 |
| 2011 | $327,734 |
| 2012 | $352,301 |
| 2013 | $394,274 |
| 2014 | $424,502 |
| 2015 | $490,928 |
| 2016 | $532,326 |
| 2017 | $558,179 |
| 2018 | $565,692 |
| 2019 | $572,192 |
| 2020 | $625,938 |
| 2021 | $691,700 |
| 2022 | $697,200 |
| 2023 | $694,680 |
| 2024 | $714,197 |
| 2025 | $710,485 |
| 2026 | $702,638 |