New Weakness in New Listings for 97220 Zip Code Real Estate Market

Over the last 30 days, an emerging downward trend of new sellers coming into the 97220 zip code market continued, with 51 listings in this week's report. Meanwhile, sales ticked up, with 48 homes selling during the same period. The median sales price dropped to $315,000 over the latest reporting period for the 97220 zip code, down from $322,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 97220 zip code is a definite seller's market.

Any of these new listings in the 97220 zip code could be your dream home, so be sure to check them out:

$399K   $329K   $379K  

Get started right now by checking out 97220 homes for sale or reviewing 97220 real estate trends.

Demographic facts for the 97220 zip code:

  • This area has a median house value of $149,500.
  • This area usually gets 152 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 7.7%.
  • The student-to-teacher ratio is 25.9:1. (15.3:1 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Joe Hernandez
Snapped 1 home in this area
Keller Williams PDX Central
Snapped 1 home in this area
Portland Digs Real Estate
Snapped 5 homes in this area

Agents that specialize in this area
3 snaps in this area
2 snaps in this area
2 snaps in this area
4 snaps in this area
6 snaps in this area
3 snaps in this area
25 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.