97202 Real Estate Search

97202 Homes for Sale

Overview of the 97202 Real Estate Market

The 97202 zip code encompasses a vibrant and diverse community within Portland, Oregon, characterized by its eclectic neighborhoods, abundant parks, and proximity to the Willamette River. The real estate market in this area is dynamic and has experienced significant changes in recent years, fueled by an influx of new residents and ongoing urban development. Potential homebuyers and investors are drawn to this area not only for its charm and amenities but also for the potential for property value appreciation as the city continues to grow.

Types of Properties Available

In the 97202 area, prospective buyers can find a wide range of properties to suit different lifestyles and budgets. The market features everything from historic single-family homes and modern townhouses to multi-family units and condominiums. Popular neighborhoods such as Sellwood, Westmoreland, and Reed offer unique architectural styles and character, appealing to those looking for a quaint, neighborhood feel. Additionally, new construction projects are emerging, providing modern living spaces equipped with the latest amenities for those seeking contemporary designs.

Neighborhood Characteristics

The neighborhoods within 97202 are characterized by their distinct personalities, attracting a diverse mix of residents. The Sellwood-Moreland area is known for its antique shops, farmer's markets, and access to scenic parks like Sellwood Riverfront Park. Westmoreland is favored for its community atmosphere, with numerous cafes and shops lining its streets. Reed, home to Reed College, adds a youthful and academic vibe to the area, making it popular among students and faculty. These unique attributes contribute to the overall desirability of the 97202 real estate market.

Market Trends and Investment Potential

In recent years, the real estate market in 97202 has shown strong signs of growth, with rising home prices reflecting increased demand. This trend makes it an appealing area for real estate investors looking to add value to their portfolios. Furthermore, the low inventory of available homes has resulted in competitive bidding situations, often leading to houses selling above asking price. Therefore, investors and buyers alike should be prepared to act swiftly when they find a property that meets their needs, as favorable opportunities may not last long.

Resources for Buyers and Sellers

For those considering buying or selling property in the 97202 area, there are numerous resources available to assist in the process. Local real estate agents specialize in the Portland market and can provide valuable insights and guidance tailored to the unique aspects of the 97202 neighborhoods. Additionally, various online platforms offer listings and market data, enabling buyers and sellers to stay informed about trends and neighborhood dynamics. Engaging with community organizations and attending local events can also enhance one's understanding of the area, enriching the overall buying or selling experience.

Our website features the best 97202 real estate search for homes available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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97202 Homes for Sale

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Newest 97202 Homes for Sale

$349,900
2 Beds 2 Baths 703735753 MLS
I’ve been waiting for someone just like you, someone who loves a phenomenal SE location just 4 short blocks from the heart of Clinton-Division, where some of Portland’s best dining, coffee, shopping, and neighborhood energy are right at your fingertips. The moment you step through my door, you’ll feel it: the light, the space, the style. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I was designed with intention, filled with sophisticated finishes, high ceilings, and a natural brightness that lifts your spirits from morning to night. Come into my heart, the kitchen, where stainless steel appliances, a freestanding range, tile backsplash, and solid surface countertops come together beautifully. Whether you’re cooking for one or hosting friends, this is a space made for everyday ease. I offer two comfortable bedrooms, including a primary suite that really shines. Picture yourself waking up beneath my clerestory window, with sunlight streaming in softly. Step into your private ensuite bathroom and start your day in calm, elevated comfort. With two and a half baths in total, there is room to live without compromise. Outside, I offer a fenced yard, ideal for pets, plants, or a quiet morning with coffee. When you’re ready to explore, you’ll love my location in the tree-lined, sidewalk-wrapped streets of Hosford-Abernethy, close to parks, local shops, and restaurants. With a Walk Score of 89 and Bike Score of 94, the city is at your fingertips. I’m more than just a home. I’m your stylish sanctuary, your personal retreat, and your perfect Portland landing place. My purchase price is subject to buyer qualification for the Portland Housing Bureau’s SDC Program. Need help with your down payment? Umpqua Bank’s Umpqua Neighbors and Legacy Builder programs may help make your dream home a reality.

3219 SE 28th AVE, Portland

$319,900
2 Beds 2 Baths 405166729 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

5179 SE 28th AVE Unit #6, Portland

$299,900
2 Beds 2 Baths 357619112 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

5177 SE 28th AVE Unit #5, Portland

$324,900
2 Beds 2 Baths 287105280 MLS
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

5169 SE 28th AVE Unit #1, Portland

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.