The housing median value in 97205 Portland, OR is $561,000, which is significantly higher than the US house median value of $338,100. However, the 1 year house appreciation rate in 97205 Portland, OR is only 2.38%, compared to the 8.27% appreciation rate across the US. This indicates that while housing values in 97205 are high relative to other parts of the country, they are not increasing as quickly as housing values elsewhere.
The median home cost in Portland (zip 97205) is $561,000. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97205) is up 7.7%.
Average Age of Homes
- The median age of Portland (zip 97205) real estate is 66 years old
The Rental Market in Portland (zip 97205)
- Renters make up 77.2% of the Portland (zip 97205) population
- 6.3% of houses and apartments in Portland (zip 97205), 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.