The story of this market
The typical home in ZIP 97220 sells for about $419,900, or $304 per square foot.
Prices are up +11.11% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,471 a month.
ZIP 97220 — Portland
The 97220 housing market is currently characterized by a seller's market dynamic with a median sale price of $419.9K. While inventory remains tight, the market is seeing faster turnover compared to the previous year, driven by steady demand for accessible Portland-area housing.
This ZIP fits commuters and first-time buyers seeking proximity to Portland's major employment hubs and airport, offering more accessible price points than the city's inner-eastside neighborhoods.
Median prices moved up 11.1% year over year.
Homes spend a median of 88 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.9% · poverty 12.9% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 97220, Multnomah 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.
The area features proximity to Portland International Airport and major transit corridors, supporting a mix of residential and industrial employment hubs.
Property taxes are assessed by Multnomah County based on real market value and assessed value under Oregon's constitutional limits; special districts include local school and utility levies.
Located in Northeast Portland, this ZIP offers direct access to I-84 and I-205, providing efficient transit to downtown Portland and the airport employment core.
The area includes access to Rocky Butte Natural Area, various neighborhood parks, and proximity to the Columbia River corridor for outdoor recreation.
The rental market shows significant year-over-year activity with a 76.92% increase in rental listings, indicating high turnover and shifting inventory.
The local economy is anchored by proximity to Portland International Airport and regional logistics, manufacturing, and retail sectors.
Served by major highway interchanges (I-84/I-205) and TriMet bus lines, facilitating regional connectivity.
Ongoing infill development and transit-oriented projects are common along the major arterial corridors within the ZIP.
Parcels are subject to Multnomah County property tax assessments and various local school and utility district levies.
Data retrieved from US Census Bureau ZCTA-level tables.
- Hopscotch Portland4.85.6 mi
- Oaks Amusement Park4.47.6 mi
- Langer's Entertainment Center4.418.9 mi
- Sky Zone Trampoline Park3.812.8 mi
- Bullwinkle's4.419.7 mi
- Moda Center4.55.7 mi
- Providence Park4.67.1 mi
- Oregon Convention Center4.55.6 mi
- Revolution Hall4.65.3 mi
- Portland Art Museum4.66.8 mi
- Powell's City of Books4.96.6 mi
- Oregon Zoo4.58.4 mi
- Portland Japanese Garden4.67.9 mi
- The Grotto4.71 mi
- Providence Park4.67.1 mi
- Portland Japanese Garden4.67.9 mi
- OMSI4.56.3 mi
- The Grotto4.71 mi
- Vista House at Crown Point4.814.9 mi
- Hopscotch Portland4.85.6 mi
- Portland Japanese Garden4.67.9 mi
- The Grotto4.71 mi
- International Rose Test Garden4.87.7 mi
- Laurelhurst Park4.74.2 mi
- Mt. Tabor Park4.83.5 mi
- Portland Yacht Club4.75.9 mi
- Riverplace Marina4.66.5 mi
- Fred's Marina4.413.1 mi
- Tomahawk Bay Marina4.36.3 mi
- Rocky Pointe Marina4.118.3 mi
- RedTail Golf Center412.6 mi
- Heron Lakes Golf Course4.18.2 mi
- Glendoveer Golf & Tennis4.42.3 mi
- Eastmoreland Golf Course4.36.8 mi
- Rose City Golf Course4.12.1 mi
- Clackamas Town Center4.38.1 mi
- Vancouver Mall4.27.5 mi
- Uwajimaya Beaverton4.712.2 mi
- Fred Meyer44.2 mi
- Pioneer Place4.26.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent volcanic cinder cone offering panoramic views of the city and mountains.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.