The housing market in 97210 Portland, OR is significantly more expensive than the national average. The median value of housing in 97210 Portland is $767,500 while the national median house value is only $338,100. Despite the high housing prices, appreciation rates have been relatively low for the area over the last year at 2.38%. This compares to the US 1 year House Appreciation rate of 8.27%. Therefore, Portlanders should be aware that although their home values may be higher, they could potentially appreciate much slower than other areas in the US.
The median home cost in Portland (zip 97210) is $767,500. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97210) is up 7.7%.
Average Age of Homes
- The median age of Portland (zip 97210) real estate is 78 years old
The Rental Market in Portland (zip 97210)
- Renters make up 54.9% of the Portland (zip 97210) population
- 4.9% of houses and apartments in Portland (zip 97210), 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.