Market Snapshot: 97203 – North Portland

Every month RMLS releases statistics on the Portland Metro Area as a whole. But not every neighborhood is the same, so we’re starting a series on the neighborhoods of Portland to get a better look at different parts of the city!

This week we take a closer look at North Portland and the neighborhoods of Portsmouth, St. Johns, and University Park. While the median price in North Portland hasn’t changed  from this time last year, it is still below the median price for the Metro area, which was $417,000 last month. With new listing and closed sales down, and average days on market up, North Portland is showing signs of the slight slowing we’re seeing in the market overall.

Geographic boundary of the 97203 zip code.

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