Zip 97206 (Portland, OR) Housing

The housing market in the 97206 area of Portland, OR is quite attractive. The median value of a home in this area is $449,700, which is significantly higher than the US median value of $338,100. Furthermore, the appreciation rate for homes in this area over the past year has been 2.38%, which is significantly lower than the national average of 8.27%. This suggests that while homes in this area hold significant value, they are still affordable for many potential buyers and represent a great investment opportunity.

The median home cost in Portland (zip 97206) is $449,700. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97206) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97206) real estate is 62 years old

The Rental Market in Portland (zip 97206)

- Renters make up 37.2% of the Portland (zip 97206) population
- 0.4% of houses and apartments in Portland (zip 97206), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Portland, Oregon	United States
	21,950.0	139,647,020.0
	65	42
	$449,700	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$9.68	$10.98
	$3,880	$2,690
	64.8%	57.4%
	2.8%	11.2%
	32.4%	31.4%
Vacant Housing
	0.4%	1.9%
	0.1%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.3%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	0.4%	11.3%
	1.3%	13.0%
	14.1%	20.1%
	33.0%	13.6%
	29.0%	8.3%
	19.2%	9.7%
	1.8%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	4.3%	13.6%
	4.8%	13.2%
	10.4%	14.8%
	4.3%	13.6%
	16.6%	10.0%
	10.6%	4.7%
	29.5%	12.2%

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