The housing in 97213 Portland, OR is quite expensive compared to the median value of US housing. The median value for this area is $534,400, whereas the US median value is only $338,100. This difference can be attributed to the recent growth in sale prices, with an 8.27% appreciation rate over the past year across the US and a 2.38% appreciation rate in 97213 Portland, OR during the same period. Despite this relatively low appreciation rate compared to other markets across America, it is still clear that housing in 97213 Portland, OR remains among some of the most expensive in the nation.
The median home cost in Portland (zip 97213) is $534,400. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97213) is up 7.7%.
Average Age of Homes
- The median age of Portland (zip 97213) real estate is 77 years old
The Rental Market in Portland (zip 97213)
- Renters make up 39.6% of the Portland (zip 97213) population
- 0.3% of houses and apartments in Portland (zip 97213), 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.