Portland, OR 97224 Real Estate & Property Data

Portland, OR 97224 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 693 residential properties have been sold over the past 12 months in 97224. With a median sales price of $665,000 in 97224 and a total of 2 foreclosures in Portland, OR 97224. Discover market trends and get the granular level real estate data for Portland, OR 97224 to keep your pulse on the housing market. Curate compelling home reports for Portland, OR 97224 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Portland, OR 97224 Real Estate Market Trends
Total Residential Properties 12,281
Total Commercial Properties 308
Avg. Home Age (Single Family Home) 34 Years
Avg. Square Feet (Single Family Home) 2,256
Total 2025 Residential Sales (year-to-date) 108
% of Homes Seriously Underwater (Q2 2025) 0.72%
Total 2024 Residential Sales 609
% of Equity Rich Homes (Q2 2025) 38.43%
Effective 2024 Property Tax 0.95%
Total Foreclosure Filings (year-to-date) 4
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Portland, OR 97224 Real Estate Overview

There were 693 residential properties sold in the past year in Portland, OR 97224. The median home value in Portland, OR 97224 is $596,000. There are a total of 12,281 residential properties in the 97224.

Median Sales Price i
$665,000
(Feb 2025)
+2.3%
year-over-year
y-o-y
  • February '25 Feb '25 $665,000
  • January '25 Jan '25 $619,900
  • December '24 Dec '24 $661,700
  • November '24 Nov '24 $610,000
  • October '24 Oct '24 $624,900
  • September '24 Sep '24 $575,950
  • August '24 Aug '24 $617,000
  • July '24 Jul '24 $560,700
  • June '24 Jun '24 $680,000
  • May '24 May '24 $658,900
  • April '24 Apr '24 $590,000
  • March '24 Mar '24 $719,750
Median Down Payment i
$179,997
(Feb 2025)
+1.5%
year-over-year
y-o-y
  • February '25 Feb '25 $179,997
  • January '25 Jan '25 $111,000
  • December '24 Dec '24 $156,500
  • November '24 Nov '24 $125,000
  • October '24 Oct '24 $96,600
  • September '24 Sep '24 $113,680
  • August '24 Aug '24 $122,500
  • July '24 Jul '24 $143,000
  • June '24 Jun '24 $140,000
  • May '24 May '24 $133,240
  • April '24 Apr '24 $110,820
  • March '24 Mar '24 $119,739
Number of Homes Sold i
63
(Feb 2025)
+43.2%
year-over-year
y-o-y
  • February '25 Feb '25 63
  • January '25 Jan '25 45
  • December '24 Dec '24 43
  • November '24 Nov '24 44
  • October '24 Oct '24 55
  • September '24 Sep '24 63
  • August '24 Aug '24 58
  • July '24 Jul '24 58
  • June '24 Jun '24 75
  • May '24 May '24 58
  • April '24 Apr '24 44
  • March '24 Mar '24 43
Number of Purchase Loans i
46
(Feb 2025)
+9.5%
year-over-year
y-o-y
  • February '25 Feb '25 46
  • January '25 Jan '25 32
  • December '24 Dec '24 40
  • November '24 Nov '24 44
  • October '24 Oct '24 42
  • September '24 Sep '24 59
  • August '24 Aug '24 50
  • July '24 Jul '24 50
  • June '24 Jun '24 51
  • May '24 May '24 53
  • April '24 Apr '24 43
  • March '24 Mar '24 36
Number of REFI Loans i
12
(Feb 2025)
+50%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 7
  • December '24 Dec '24 29
  • November '24 Nov '24 12
  • October '24 Oct '24 22
  • September '24 Sep '24 11
  • August '24 Aug '24 8
  • July '24 Jul '24 8
  • June '24 Jun '24 7
  • May '24 May '24 14
  • April '24 Apr '24 16
  • March '24 Mar '24 11
Number of HELOC Loans i
10
(Feb 2025)
-41.2%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 7
  • December '24 Dec '24 7
  • November '24 Nov '24 14
  • October '24 Oct '24 10
  • September '24 Sep '24 6
  • August '24 Aug '24 17
  • July '24 Jul '24 12
  • June '24 Jun '24 9
  • May '24 May '24 17
  • April '24 Apr '24 14
  • March '24 Mar '24 11

Portland, OR 97224 Foreclosure Activity

There were a total of 2 Portland, OR 97224 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 4
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
Foreclosure Starts i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 4
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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