The population of the 97111 zip code is growing faster than the rest of Oregon, at a 10-year growth rate of 29.0%. It's an average-sized zip code compared to the rest of the state, with 3,302 residents. The 97111 zip code is made up of homes that are considered relatively old with a median of 38 years. Heading the list of top schools in the zip code is Free Orchards Elementary School.
The median value of homes in the 97111 zip code is $188,800, making it one of the most valuable areas in Oregon. At the same time, the average list price of available homes is presently $415,198. The number of home sales in the 97111 zip code market rose 14.3% to eight homes over the last 30 days.
Make sure you take a look at these eye-catching homes in the 97111 zip code that generated the most views from potential buyers:
A three-bedroom detached home valued around $412,053 is considered a typical dwelling in the 97111 zip code. If a buyer was looking for a similar home, they would need good credit and a $82,411 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,404 and the property tax rate is $11.02 per $1,000 of taxable assessed value.
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