The story of this market
The typical home in ZIP 97214 sells for about $686,000, or $301 per square foot.
Prices are up +3.9% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,645 a month.
ZIP 97214 — Portland
The 97214 housing market remains highly competitive with a median sale price of $686,000 and a short median time on market of 14 days. While sales volume has seen a year-over-year decline, the area continues to attract buyers due to its central location and urban amenities. Market conditions are currently driven by limited inventory and sustained demand for historic residential properties.
This area fits young professionals and urban-oriented buyers who value historic charm, walkability, and proximity to Portland's central business and entertainment districts.
Median prices moved up 3.9% year over year.
Homes spend a median of 14 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 11.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 97214, 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.
The area is centrally located in Portland, offering high accessibility to the city's employment core via established street grids and public transit corridors.
The ZIP features proximity to major urban parks like Mt. Tabor and Laurelhurst, alongside the vibrant dining and shopping districts of Hawthorne and Belmont.
The area benefits from the broader Portland economy, which is anchored by sectors including technology, healthcare, and professional services.
The area is served by a dense network of city streets and public transit options, facilitating efficient commutes within the Portland metropolitan region.
Data retrieved from US Census Bureau ZCTA-level tables.
- Hopscotch Portland4.80.6 mi
- Oaks Amusement Park4.42.8 mi
- Langer's Entertainment Center4.413.8 mi
- Bullwinkle's4.415.1 mi
- Sky Zone Trampoline Park3.87.5 mi
- Moda Center4.51.7 mi
- Providence Park4.62.3 mi
- Oregon Convention Center4.51.4 mi
- Revolution Hall4.60.6 mi
- Portland Art Museum4.61.9 mi
- Powell's City of Books4.91.9 mi
- Oregon Zoo4.53.3 mi
- Portland Japanese Garden4.63.1 mi
- The Grotto4.74.5 mi
- Providence Park4.62.3 mi
- Portland Japanese Garden4.63.1 mi
- OMSI4.51 mi
- The Grotto4.74.5 mi
- Hopscotch Portland4.80.6 mi
- Vista House at Crown Point4.819.5 mi
- Portland Japanese Garden4.63.1 mi
- The Grotto4.74.5 mi
- International Rose Test Garden4.82.9 mi
- Laurelhurst Park4.71.1 mi
- Mt. Tabor Park4.82.4 mi
- Portland Yacht Club4.76.2 mi
- Riverplace Marina4.61.3 mi
- Fred's Marina4.410.7 mi
- Tomahawk Bay Marina4.36.5 mi
- Rocky Pointe Marina4.116.8 mi
- RedTail Golf Center47.3 mi
- Heron Lakes Golf Course4.17.1 mi
- Glendoveer Golf & Tennis4.46.2 mi
- Eastmoreland Golf Course4.32.5 mi
- Rose City Golf Course4.13.3 mi
- Washington Square4.47.8 mi
- Clackamas Town Center4.36.3 mi
- Vancouver Mall4.210.5 mi
- Uwajimaya Beaverton4.77 mi
- Bridgeport Village4.49.5 mi
- Portland International Airport4.55.7 mi
- Providence Saint Vincent Hospital Heliport4.66.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major commercial corridor known for its eclectic mix of local shops, restaurants, and historic architecture.
A popular neighborhood hub featuring diverse dining options and local boutiques.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.