The story of this market
The typical home in ZIP 97027 sells for about $520,941, or $285 per square foot.
Prices are roughly flat from a year ago (-0.3%), a market in balance. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,745 a month.
ZIP 97027 — Gladstone
The housing market in 97027 is currently stable, with home values showing minimal year-over-year fluctuation. Inventory remains tight, which continues to support pricing despite broader economic headwinds, while buyer activity remains consistent with seasonal norms.
This ZIP is ideal for families and commuters seeking a suburban lifestyle with river access and proximity to Portland, offering a balance between established residential neighborhoods and regional connectivity.
Median prices moved down 0.3% year over year.
Homes spend a median of 32 days on market with 2.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 13.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97027, Clackamas County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Gladstone generally experiences crime rates consistent with suburban Portland-area averages, with property crime being the primary concern; residents are encouraged to utilize local police resources for current neighborhood-specific alerts.
The area is served by the Gladstone School District, which maintains a stable reputation for community-focused education, though individual school ratings vary by level.
The ZIP code faces moderate risk from regional wildfire smoke and seasonal heavy rainfall, with specific flood-plain zones identified near the Clackamas and Willamette river confluences.
Economic momentum is driven by its proximity to the Portland metropolitan employment core, with ongoing residential infill and small-business development within the Gladstone city limits.
Property taxes are assessed by Clackamas County based on the real market value of the property, subject to Oregon's constitutional limits on assessed value growth (Measure 5 and Measure 50).
Residents primarily commute via OR-99E or I-205, providing direct access to downtown Portland and the broader Clackamas County employment hubs.
The area features significant access to the Clackamas River, Meldrum Bar Park, and various community trails, with major retail shopping centers located in nearby Oregon City and Milwaukie.
The rental market is characterized by steady demand from commuters and families, with limited new multi-family inventory keeping vacancy rates relatively low.
The local economy is heavily influenced by the broader Portland-Vancouver-Hillsboro MSA, with major employment sectors including healthcare, manufacturing, and professional services.
The area is served by TriMet bus lines and is positioned near the I-205 corridor, facilitating regional transit access.
Development is focused on residential infill and the modernization of existing commercial corridors to support population growth.
Parcels are subject to Clackamas County property taxes, Gladstone School District levies, and various local utility and fire district assessments.
Property insurance premiums are influenced by regional wildfire risk and flood zone designations near the riverfront.
Data retrieved from US Census Bureau ZCTA 97027 profiles and GreatData.com.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Hopscotch Portland4.89.3 mi
- Oaks Amusement Park4.46.7 mi
- Langer's Entertainment Center4.411.9 mi
- Bullwinkle's4.410.1 mi
- Sky Zone Trampoline Park3.810.9 mi
- Moda Center4.510.5 mi
- Providence Park4.610.3 mi
- Oregon Convention Center4.510.2 mi
- Revolution Hall4.69.4 mi
- Portland Art Museum4.69.8 mi
- Powell's City of Books4.910.2 mi
- Oregon Zoo4.510.2 mi
- Portland Japanese Garden4.610.6 mi
- The Grotto4.711.4 mi
- Providence Park4.610.3 mi
- Portland Japanese Garden4.610.6 mi
- OMSI4.59 mi
- The Grotto4.711.4 mi
- Hopscotch Portland4.89.3 mi
- Vista House at Crown Point4.819.8 mi
- Portland Japanese Garden4.610.6 mi
- The Grotto4.711.4 mi
- International Rose Test Garden4.810.5 mi
- Laurelhurst Park4.79.3 mi
- Mt. Tabor Park4.88.4 mi
- eNRG Kayaking4.81.8 mi
- Dahl Beach City Park4.31.2 mi
- Dahl Beach City Park4.31.2 mi
- RedTail Golf Center410.3 mi
- Glendoveer Golf & Tennis4.410.2 mi
- Eastmoreland Golf Course4.36.4 mi
- Langdon Farms Golf Club4.511.6 mi
- Rose City Golf Course4.110.3 mi
- Washington Square4.410.1 mi
- Clackamas Town Center4.33.4 mi
- Uwajimaya Beaverton4.711.4 mi
- Bridgeport Village4.47.8 mi
- Fred Meyer410.2 mi
- Portland International Airport4.513.6 mi
- Providence Saint Vincent Hospital Heliport4.612.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large riverfront park offering boat ramps, trails, and picnic areas along the Willamette River.
Provides significant recreational opportunities including fishing, kayaking, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.