October's First-Time Homebuyer Report for 97106 Zip Code

The 97106 zip code is much older than the rest of Oregon, with a median age of 38. It's very affluent as well, with a median income of $66,000 per household. The 97106 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.


If you're looking to explore the nightlife of 97106 then check out Dairy Creek Tavern, Foursquare's most popular place to get a drink. You might also try Quail Valley Golf Course and Banks Trail Head, a few popular places to experience the outdoors. You could also try out the popular Sunset Produce Market, Banks Cafe, and Main St Pizza Company if you dine out.

Price Range

Some of the more expensive homes in Oregon are in the 97106 zip code with a median home value of $199,900 and an average list price for available homes currently at $486,813. Home sales in the 97106 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 16.7% to five homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 97106 zip code:

$220K   $537K   $499K  

Typical Dwelling

The typical dwelling in the 97106 zip code is a three-bedroom detached home worth about $349,549. To purchase a similar home, a buyer with good credit and a $69,910 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,512 monthly payment. The property tax rate is $10.92 per $1,000 of taxable assessed value.

Get started right now by checking out 97106 homes for sale or reviewing 97106 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Keller Williams Realty Professionals
Snapped 2 homes in this area

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