Zip 97215 (Portland, OR) Housing

Housing in 97215 Portland, OR can be characterized as expensive. The median value of a house in the area is $640,300, more than double the median value of a house nationally ($338,100). Moreover, the house appreciation rate for this region has been modest in comparison to the national rate, with only 2.38% growth over the past year compared to 8.27% nationally. This suggests that housing costs may continue to remain high in this region for some time.

The median home cost in Portland (zip 97215) is $640,300. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97215) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97215) real estate is 75 years old

The Rental Market in Portland (zip 97215)

- Renters make up 33.4% of the Portland (zip 97215) population
- 1.5% of houses and apartments in Portland (zip 97215), 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
	7,721.0	139,647,020.0
	74	42
	$640,300	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$9.88	$10.98
	$5,682	$2,690
	57.8%	57.4%
	5.0%	11.2%
	37.2%	31.4%
Vacant Housing
	1.5%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	1.1%	0.4%
	0.6%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.5%	11.3%
	0.3%	13.0%
	4.0%	20.1%
	8.0%	13.6%
	20.0%	8.3%
	53.9%	9.7%
	7.7%	3.9%
	3.3%	2.2%
	0.9%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	2.9%	13.6%
	2.9%	13.6%
	3.1%	13.6%
	4.3%	13.2%
	6.9%	14.8%
	3.1%	13.6%
	15.0%	10.0%
	8.1%	4.7%
	44.0%	12.2%

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