97005 Zip Code Real Estate Market Sees Home Sales Fall

The 97005 zip code market slowed with a 7.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (22.6) with 26 homes sold. On the other hand, the close-by 97007 zip code registered 110 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 97005 zip code, and this period the median price of all sales fell from $285,000 to $277,567. In spite of the decrease in sales, a low one month of inventory signals that the 97005 zip code is a solid seller's market.

Looking for a more classic home in the 97005 zip code? These are older homes currently available in the market:

$445K   $525K   $430K  

Get started right now by checking out 97005 homes for sale or reviewing 97005 real estate trends.

Demographic facts for the 97005 zip code:

  • The average age of the population is 33 years old.
  • This area has a health cost index score of 114.4. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (29.5%), 15-29 min (38.3%), 30-44 min (21.1%), 45-59 min (5.4%), >60 min (5.7%).

Data reported through 10/12/2016

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Realty Direct NW
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Coldwell Banker Seal - Portland West
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