The housing market in 97204 Portland, OR is trending slightly lower than the national average. The median value of houses in this area is currently $540,700 which is significantly higher than the US median value of $338,100. Although the national house appreciation rate over the past year has been 8.27%, the 97204 Portland appreciation rate has only been 2.38%. This indicates that while house prices are still rising, they are not doing so at the same rate as other areas across the country.
The median home cost in Portland (zip 97204) is $540,700. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97204) is up 7.7%.
Average Age of Homes
- The median age of Portland (zip 97204) real estate is 69 years old
The Rental Market in Portland (zip 97204)
- Renters make up 84.9% of the Portland (zip 97204) population
- 0.0% of houses and apartments in Portland (zip 97204), 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.