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market report · 97231
Portland, OR · 97231
13 active listings$620,000 median ask$2,924 est. rent0.5% price/rent
$620,000
Median list price
$2,924/mo
Estimated rent
0.5%
Price / rent ratio
13
Listings
FHFA home price index · 2016–2025
26.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.17
Median rent / sqft
12 comps
$290.83
Median sold / sqft
12 comps
—
Walkability
4.8%
Area unemployment
BLS LAUS
Median household income $137,527 · median home value $858,200 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 87).
2 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
8640 NW Bailey St, Portland, OR 97231
Portland, OR
$150,000$2,996/mo2%
10511 NW 3rd St, Portland, OR 97231
Portland, OR
$285,000$1,915/mo0.7%
24800 NW Saint Helens Rd, Portland, OR 97231
Portland, OR
$325,000$1,662/mo0.5%
23500 NW St Helens Rd, Portland, OR 97231
Portland, OR
$399,900$1,983/mo0.5%
10503 NW 3rd St, Portland, OR 97231
Portland, OR
$620,000$2,851/mo0.5%
16800 NW Elliot Rd, Portland, OR 97231
Portland, OR
$875,000$4,001/mo0.5%