97116 Zip Code Real Estate Market Sees Home Sales On the Rise

The 97116 zip code market showed healthy signs this week as sales rose 14.3% to reach 32 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 97124 zip code had 85 sales, the most of all zip codes in the area. The median sales price dropped to $312,500 over the latest reporting period for the 97116 zip code, down from $317,500. With just two months of inventory available and sales going up, the 97116 zip code is a definite seller's market.

Want a home with a large living space in the 97116 zip code? Start your search with these listings that provide the most in the area:

$650K   $1.3M   $598K  

Get started right now by checking out 97116 homes for sale or reviewing 97116 real estate trends.

Demographic facts about the 97116 zip code:

  • This area has an affordability rating of 41. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 45.0 inches per year. (U.S. average: 36.5)
  • This area has an income per capita of $20,687.
  • The school rating is 56. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016

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