Zip 97212 (Portland, OR) Housing

The housing market in 97212 Portland, OR is quite healthy. The median house value for this area is $710,700 compared to the US median of $338,100. This is more than double the national average. In the last year, house values have appreciated by 8.27% nationally and 2.38% in 97212 Portland, OR specifically. It shows that this area continues to be an attractive place to invest in real estate and live in due its steady growth rate and high real estate values relative to the rest of the country.

The median home cost in Portland (zip 97212) is $710,700. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97212) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97212) real estate is 78 years old

The Rental Market in Portland (zip 97212)

- Renters make up 32.6% of the Portland (zip 97212) population
- 1.0% of houses and apartments in Portland (zip 97212), 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
	11,850.0	139,647,020.0
	51	42
	$710,700	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$9.83	$10.98
	$6,836	$2,690
	63.8%	57.4%
	4.4%	11.2%
	31.8%	31.4%
Vacant Housing
	1.0%	1.9%
	0.1%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	1.6%	3.9%
	0.0%	4.5%
	1.1%	11.3%
	0.0%	13.0%
	0.6%	20.1%
	3.7%	13.6%
	9.3%	8.3%
	42.6%	9.7%
	29.2%	3.9%
	9.7%	2.2%
	1.3%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	3.4%	13.6%
	3.8%	13.2%
	4.2%	14.8%
	3.4%	13.6%
	3.5%	10.0%
	5.3%	4.7%
	66.4%	12.2%