Zip 97211 (Portland, OR) Housing

The housing market in 97211 Portland, OR is quite strong compared to the US average. The median value of a house in the area is $566,400, nearly double the nationwide median value of $338,100. The US housing market saw an 8.27% appreciation rate over the last year while 97211 Portland, OR rose by 2.38%, still above most areas across the country. With its strong housing market and increasing prices it's no surprise that 97211 Portland, OR is such a popular area for homebuyers and investors alike.

The median home cost in Portland (zip 97211) is $566,400. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97211) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97211) real estate is 74 years old

The Rental Market in Portland (zip 97211)

- Renters make up 33.9% of the Portland (zip 97211) population
- 0.7% of houses and apartments in Portland (zip 97211), 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
	14,888.0	139,647,020.0
	77	42
	$566,400	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$10.11	$10.98
	$3,719	$2,690
	62.6%	57.4%
	4.7%	11.2%
	32.7%	31.4%
Vacant Housing
	0.7%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.4%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.4%	2.4%
	0.6%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	0.9%	11.3%
	1.3%	13.0%
	4.1%	20.1%
	13.1%	13.6%
	21.2%	8.3%
	45.7%	9.7%
	9.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	4.3%	13.6%
	2.2%	13.2%
	5.8%	14.8%
	4.3%	13.6%
	9.4%	10.0%
	14.2%	4.7%
	44.0%	12.2%

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