97408 Zip Code Real Estate Market Falls to Home Sales Bottom

Hitting a record low dating back to April, 13 homes were sold in the 97408 zip code market over the last 30 days. This represents an 18.8% drop in sales activity. During the same time frame, 97402 had the most of any other neighboring zip codes with 59 sales. Potential buyers should note that prices are coming down in the 97408 zip code, and for this period the median sales price slid from $281,000 to $277,000. With only three months of inventory to sell, the 97408 zip code is a still seller's market, even after taking into consideration the falling sales numbers.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in the 97408 zip code:

$272K   $279K   $294K  

Get started right now by checking out 97408 homes for sale or reviewing 97408 real estate trends.

Demographic facts about the 97408 zip code:

  • The median age of all homes is 23.
  • The area gets an average of 6.0 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 68. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $4,925. ($5,691 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
RE/MAX Integrity
10 reviews
Coldwell Banker Seal - Portland West
Snapped 1 home in this area
HomeSmart Realty Group | Oregon Real Estate Broker | DRE: 780502110
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
15 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.