97206 Zip Code Real Estate Market Hits Home Sales Bottom

Sales in the 97206 zip code market hit their lowest level since April. For the prior 30-day period, there were 52 homes sold, a drop of 7.1%. The market has been in a downward trend for five weeks. In comparison, the 97219 zip code had 62 sales in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices went up in the 97206 zip code, with the median for this period rising from $320,500 to $327,500. There are only two months of inventory available in the 97206 zip code, so it's still strong seller's market, even with the shrinking sales numbers.

Looking for an affordable home? Check out these inexpensive listings in the 97206 zip code:

$101K   $145K   $150K  

Get started right now by checking out 97206 homes for sale or reviewing 97206 real estate trends.

Demographic facts about the 97206 zip code:

  • The average age of the population is 35 years old.
  • The health cost index score in this area is 110.1. (100 = national average)
  • The commute times can range from: <15 min (16.2%), 15-29 min (42.2%), 30-44 min (28.3%), 45-59 min (7.0%), >60 min (6.2%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Joe Hernandez
Snapped 12 homes in this area
France Property Group
Snapped 9 homes in this area
John L. Scott Real Estate
Snapped 10 homes in this area

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