Zip 97266 (Portland, OR) Housing

The housing market in 97266 Portland, OR is slightly below the US median as the median value is $396,900 compared to the US median of $338,100. The appreciation rate over the past year has also been lower than the US average with an appreciation rate of 2.38%, while the US average was 8.27%. This indicates that house prices have been rising slowly in this area. Despite these figures, Portland remains an attractive place to live due to its location and its many attractions such as parks and museums.

The median home cost in Portland (zip 97266) is $396,900. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97266) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97266) real estate is 45 years old

The Rental Market in Portland (zip 97266)

- Renters make up 45.0% of the Portland (zip 97266) population
- 1.7% of houses and apartments in Portland (zip 97266), 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
	13,607.0	139,647,020.0
	48	42
	$396,900	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$10.79	$10.98
	$3,643	$2,690
	54.4%	57.4%
	4.2%	11.2%
	41.4%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.0%	2.4%
	2.0%	2.8%
	0.5%	3.9%
	0.4%	4.5%
	0.5%	11.3%
	3.0%	13.0%
	25.3%	20.1%
	37.3%	13.6%
	16.1%	8.3%
	6.7%	9.7%
	3.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	13.7%	13.6%
	9.5%	13.2%
	14.0%	14.8%
	13.7%	13.6%
	15.9%	10.0%
	6.5%	4.7%
	14.6%	12.2%

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