Zip 97201 (Portland, OR) Housing

The housing market in 97201 Portland, OR is quite steep compared to the US median. The median value of a house in 97201 is $574,700 while the US median value is $338,100. On top of that, the US one year house appreciation rate is 8.27%, whereas the appreciation rate for houses in 97201 is much lower at 2.38%. In conclusion, 97201 Portland has an expensive housing market with relatively low appreciation rate compared to the national standard.

The median home cost in Portland (zip 97201) is $574,700. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97201) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97201) real estate is 37 years old

The Rental Market in Portland (zip 97201)

- Renters make up 61.4% of the Portland (zip 97201) population
- 6.1% of houses and apartments in Portland (zip 97201), 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
	10,206.0	139,647,020.0
	40	42
	$574,700	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$10.11	$10.98
	$8,600	$2,690
	26.6%	57.4%
	10.5%	11.2%
	62.9%	31.4%
Vacant Housing
	6.1%	1.9%
	0.9%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.5%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.1%	11.3%
	2.1%	13.0%
	6.4%	20.1%
	13.7%	13.6%
	16.0%	8.3%
	24.6%	9.7%
	14.8%	3.9%
	13.0%	2.2%
	5.0%	0.8%
	2.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	15.5%	13.6%
	15.5%	13.2%
	9.4%	14.8%
	15.5%	13.6%
	7.2%	10.0%
	3.8%	4.7%
	17.5%	12.2%

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