The story of this market
The typical home in ZIP 97230 sells for about $435,800, or $285 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,620 a month.
ZIP 97230 — Portland
The 97230 housing market remains stable with moderate price appreciation driven by limited inventory and consistent demand for affordable housing. While interest rates have impacted buyer purchasing power, the area's relative affordability compared to central Portland continues to attract first-time buyers and investors.
This ZIP code is well-suited for first-time homebuyers, working-class families, and commuters seeking a balance between affordability and access to the Portland metro area. It is less attractive to those seeking luxury amenities but offers practical value for those prioritizing proximity to major transit corridors.
Median prices moved up 1.2% year over year.
Homes spend a median of 22 days on market with 3.2 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 4.9% · poverty 15.5% — 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 7.1%/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 5.5%/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 97230
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 97230 area are generally higher than the national average, with property crime being the most frequently reported issue. The area experiences trends consistent with broader urban Portland, often requiring standard neighborhood safety precautions.
Schools serving the 97230 ZIP code are primarily part of the Reynolds and Portland school districts, with performance ratings varying significantly by individual campus. Many schools in the area are currently focused on improving student outcomes through district-wide academic initiatives.
The area is subject to standard Pacific Northwest climate risks, including potential for windstorms and localized flooding in low-lying areas near the Columbia River. Wildfire risk is generally considered low compared to rural Oregon, though regional smoke events remain a seasonal concern.
Economic momentum is driven by proximity to the Portland International Airport and industrial corridors along the Columbia River. Development is characterized by infill residential projects and ongoing commercial expansion in the nearby Gresham and Portland employment hubs.
Property taxes in this jurisdiction are determined by the Multnomah County assessor based on real market value and assessed value, subject to Oregon's constitutional limits on tax growth. Special districts for fire, water, and school services are levied as part of the consolidated tax rate on property tax statements.
Residents benefit from direct access to I-84 and I-205, providing arterial routes to downtown Portland and the Vancouver, WA employment centers. Public transit is supported by TriMet bus lines and proximity to MAX Light Rail stations.
The area features several community parks and green spaces, including proximity to the Columbia Slough and various neighborhood trails. Shopping and dining amenities are concentrated along the NE 181st and 182nd Avenue corridors.
The rental market is characterized by steady demand due to the area's affordability relative to central Portland. Vacancy rates remain low, and the market includes a mix of multi-family apartment complexes and single-family rental homes.
The local economy is anchored by logistics, manufacturing, and aviation-related industries due to the proximity to Portland International Airport. Retail and service sectors also provide significant employment opportunities along the major transit corridors.
The area is served by a robust network of highways including I-84 and I-205, facilitating regional travel. Public transportation is provided by TriMet, which operates bus routes and connects the area to the regional MAX Light Rail system.
Development is focused on high-density residential infill and the modernization of industrial sites near the airport. City planning emphasizes transit-oriented development along major arterial roads.
Parcels are subject to various special districts including the Multnomah County Drainage District, local fire districts, and the Portland Community College district.
Property insurance premiums are influenced by regional wildfire and flood risk assessments, with most standard policies covering typical Pacific Northwest hazards.
Data retrieved from data.census.gov ZCTA 97230 profile.
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 Portland4.87.6 mi
- Oaks Amusement Park4.49.3 mi
- Sky Zone Trampoline Park3.814.8 mi
- Dave & Buster's Happy Valley - Clackamas3.98.7 mi
- The People's Courts4.73.5 mi
- Moda Center4.57.9 mi
- Providence Park4.69.2 mi
- Oregon Convention Center4.57.7 mi
- Revolution Hall4.67.4 mi
- Portland Art Museum4.68.9 mi
- Powell's City of Books4.98.7 mi
- Oregon Zoo4.510.5 mi
- Portland Japanese Garden4.610 mi
- The Grotto4.73.3 mi
- Providence Park4.69.2 mi
- Portland Japanese Garden4.610 mi
- OMSI4.58.3 mi
- The Grotto4.73.3 mi
- Vista House at Crown Point4.812.7 mi
- Hopscotch Portland4.87.6 mi
- Portland Japanese Garden4.610 mi
- The Grotto4.73.3 mi
- International Rose Test Garden4.89.9 mi
- Laurelhurst Park4.76.2 mi
- Mt. Tabor Park4.85.1 mi
- Portland Yacht Club4.77.9 mi
- Tidewater Cove Marina4.56.7 mi
- Heron Lakes Golf Course4.110.3 mi
- Glendoveer Golf & Tennis4.41.8 mi
- Eastmoreland Golf Course4.38.3 mi
- Rose City Golf Course4.14.2 mi
- Colwood Golf Center4.44.1 mi
- Clackamas Town Center4.38.6 mi
- Vancouver Mall4.28.3 mi
- Fred Meyer46.4 mi
- Pioneer Place4.28.6 mi
- Fred Meyer3.99.2 mi
- Portland International Airport4.54.8 mi
- Providence Saint Vincent Hospital Heliport4.613.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides extensive walking and biking trails along the river corridor.
A significant local green space featuring forested trails and community gardens.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.