Zip 97214 (Portland, OR) Housing

Portland, OR (97214) is one of the most popular cities to live in for its vibrant culture and numerous job opportunities. The median value of housing in this area is $616,800, which is significantly higher than the US national median of $338,100. However, in the past year there has been an appreciation rate of only 2.38%, compared to 8.27% for the entire US. Despite this, Portland remains a desirable place to live due to its many amenities and natural beauty.

The median home cost in Portland (zip 97214) is $616,800. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97214) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97214) real estate is 78 years old

The Rental Market in Portland (zip 97214)

- Renters make up 58.2% of the Portland (zip 97214) population
- 3.0% of houses and apartments in Portland (zip 97214), 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
	15,491.0	139,647,020.0
	51	42
	$616,800	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$9.48	$10.98
	$6,085	$2,690
	30.3%	57.4%
	7.0%	11.2%
	62.7%	31.4%
Vacant Housing
	3.0%	1.9%
	0.6%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	1.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.2%	2.4%
	1.1%	2.8%
	0.1%	3.9%
	0.6%	4.5%
	0.0%	11.3%
	0.3%	13.0%
	3.3%	20.1%
	7.2%	13.6%
	10.0%	8.3%
	46.7%	9.7%
	23.8%	3.9%
	4.1%	2.2%
	0.9%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	2.7%	13.6%
	2.4%	13.2%
	6.1%	14.8%
	2.7%	13.6%
	6.2%	10.0%
	4.8%	4.7%
	53.7%	12.2%

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