October's First-Time Homebuyer Report for 97038 Zip Code

The 97038 zip code is a zip code in Oregon with a median income of $52,284 per household. Besides being affluent, its population is much older than others with a median age of 35 years. The 97038 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.

Price Range

Homes in the 97038 zip code are worth a median of $158,000, similar to other parts of Oregon. Additionally, the list prices of available homes is currently at an average of $306,192. A six-week rough patch for the overall sales trend continues in the 97038 zip code market. On a positive note, the number of sales actually rose 4.3% over the last 30 days to 24.

Out of all the listings in the 97038 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$129K   $329K   $228K  

Typical Dwelling

A three-bedroom detached home valued around $295,511 is considered a typical dwelling in the 97038 zip code. If a buyer was looking for a similar home, they would need good credit and a $59,102 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,353 and the property tax rate is $10.72 per $1,000 of taxable assessed value.

Get started right now by checking out 97038 homes for sale or reviewing 97038 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
John L Scott
Snapped 2 homes in this area
Nexthome Realty Connection
Snapped 1 home in this area
Premiere Property Group, LLC
Snapped 37 homes in this area

Agents that specialize in this area
4 snaps in this area
1 snap in this area
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