97341 Zip Code Real Estate Market Extends Downward Trend in Price Cuts

Over the past 30 days, there have been fewer price cuts in the 97341 zip code market, continuing a three-week declining trend to land at 12. However, home sales were up to six over the same period. The median sales price dropped to $305,000 over the latest reporting period for the 97341 zip code, down from $345,000. The 97341 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.

Any of these new listings in the 97341 zip code could be your dream home, so be sure to check them out:

$345K   $259K   $279K  

Get started right now by checking out 97341 homes for sale or reviewing 97341 real estate trends.

Demographic facts for the 97341 zip code:

  • The median value of all homes is $240,300.
  • This area usually gets 179 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 9.1%.
  • The student-to-teacher ratio is 19.3:1. (15.3:1 = national average)

Data reported through 10/13/2016


Ask a local expert about this area:
Portland Digs
Snapped 5 homes in this area
HomeSmart Realty Group | Oregon Real Estate Broker | DRE: 780502110
Snapped 2 homes in this area

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