Median home value in zip code 97231 (Portland, OR) is $686,163, down 1.0% year over year. Part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area.

Home Value$686,163

YoY Change

-1.0%

Prices falling — better for buyers.

Affordability

Enter your income for 97231 (Portland).

Income (annual)

Down Payment

$137,233 on $686,163

Example: $75,000 household income. Change it above to see your own.

Out of reach66% of income

Need $176,743/yr to afford.

PITI$4,124

P/I66%

Afford$291K

Gap-$395K

P&I $3,470Tax $555Ins $100

6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

97231 is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Portland-Vancouver-Hillsboro, OR-WA analysis

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