Zip 97230 (Portland, OR) Housing


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Portland, Oregon is an up-and-coming real estate market, with a median housing value of $449,200 in the 97230 zip code. While this is significantly higher than the US median house value of $338,100, there has been relatively slow appreciation in Portland over the past year— only 2.38%, compared to 8.27% across the nation. Despite its slower growth rate, Portland's housing market looks attractive due to its higher value and potential for larger profits in the future.

The median home cost in Portland (zip 97230) is $449,200. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97230) is up 7.7%.

Average Age of Homes
- The median age of Portland (zip 97230) real estate is 43 years old
The Rental Market in Portland (zip 97230)
- Renters make up 38.6% of the Portland (zip 97230) population
- 2.3% of houses and apartments in Portland (zip 97230), 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

  HousingPortland, OregonUnited States
  16,878.0139,647,020.0
  4542
  $449,200$338,100
  7.7%16.6%
  37.3%57.0%
  123.2%101.1%
  $11.63$10.98
  $4,081$2,690
  59.2%57.4%
  6.2%11.2%
  34.6%31.4%
  Vacant Housing
  2.3%1.9%
  0.3%0.4%
  1.3%0.7%
  0.5%0.4%
  1.2%3.6%
  0.6%4.1%
  Value of Owner-Occupied Housing
  0.9%2.6%
  0.8%2.4%
  0.9%2.8%
  0.4%3.9%
  0.1%4.5%
  1.0%11.3%
  4.6%13.0%
  19.5%20.1%
  43.1%13.6%
  22.8%8.3%
  5.6%9.7%
  0.4%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  7.9%13.6%
  7.9%13.6%
  13.8%13.6%
  16.5%13.2%
  18.9%14.8%
  13.8%13.6%
  14.2%10.0%
  2.6%4.7%
  1.1%12.2%
Commute