97031 Zip Code First-Time Homebuyer Report for October

The population of the 97031 zip code is growing slightly slower than the rest of Oregon, at a 10-year growth rate of 10.4%. It's a larger than average zip code compared to the rest of the state, with 18,460 residents. Homes in the 97031 zip code are relatively old with a median age of 34 years.

Culture

If you're looking to explore the community's favorite stores in 97031, then check out Mt. Hood Winery, Apple Valley Country Store, and Rosauers, Foursquare's most popular places to go shopping. Great outdoor attractions are Panorama Point and Draper Girls Country Farm. For arts and entertainment, you'll find Western Antique Aeroplane and Automobile Museum (WAAAM).

Price Range

Homes in the 97031 zip code are generally more expensive than others in the state with a median home value of $267,500 and an average list price of $542,620. The 97031 zip code market was strong in this week's report, as the number of home sales jumped 29.4%, pushing the total to 22 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 97031 zip code that generated the most views from potential buyers:

$649K   $1.2M   $1.3M  

Typical Dwelling

The typical dwelling in the 97031 zip code is a three-bedroom detached home worth about $457,578. To purchase a similar home, a buyer with good credit and a $91,516 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,064 monthly payment. The property tax rate is $8.56 per $1,000 of taxable assessed value.

Get started right now by checking out 97031 homes for sale or reviewing 97031 real estate trends.


Data reported through 10/13/2016

Comments:


©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.