Zip 97239 (Portland, OR) Housing

Housing in 97239 Portland, OR has a median value of $599,700, which is significantly higher than the US median house value of $338,100. Despite this difference, the 1-year appreciation rate for housing in 97239 has only been 2.38%, lower than the national rate of 8.27%. This could indicate that the housing market in 97239 is slower than other areas and may point to potential investment opportunities in the area.

The median home cost in Portland (zip 97239) is $599,700. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Portland (zip 97239) is up 7.7%.

Average Age of Homes

- The median age of Portland (zip 97239) real estate is 39 years old

The Rental Market in Portland (zip 97239)

- Renters make up 46.8% of the Portland (zip 97239) population
- 2.2% of houses and apartments in Portland (zip 97239), 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
	9,839.0	139,647,020.0
	38	42
	$599,700	$338,100
	7.7%	16.6%
	37.3%	57.0%
	123.2%	101.1%
	$10.11	$10.98
	$8,224	$2,690
	43.6%	57.4%
	6.1%	11.2%
	50.3%	31.4%
Vacant Housing
	2.2%	1.9%
	0.1%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	1.3%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.7%	13.0%
	6.1%	20.1%
	6.6%	13.6%
	14.6%	8.3%
	41.1%	9.7%
	23.2%	3.9%
	4.9%	2.2%
	1.4%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.6%	13.6%
	18.6%	13.6%
	6.2%	13.6%
	8.8%	13.2%
	9.4%	14.8%
	6.2%	13.6%
	10.1%	10.0%
	6.8%	4.7%
	11.8%	12.2%

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