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Area data

Portland, OR — ZIP 97229

Population: 76,106 (Census ACS)

The median home value in ZIP 97229 (Portland, OR) is $734,680 — down 3.3% over the past year. Homes sell for a median $326,350 after a median 78 days on market. Typical rent runs $2,243/month. 14 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, earthquake, heatwave the top-rated hazards. Cost of living is 1.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$734,680

Median home value

-3.3%

1-year change

78

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$734,680
1-year appreciation
-3.3%
3-year appreciation
-4.9%
5-year appreciation
+8.1%
10-year appreciation
+40.8%
All-time peak (2022-07)
$799,069
House Price Index (state)
623.5 (+0.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$326,350
Median list price
$337,000
Median price per sqft
$293
1-year sale-price change
-15.2%
Median days on market
78 days
Homes sold (recent period)
35
For-sale inventory
405
Sale-to-list ratio
98.3%
Active listings
37
1-year forecast
-1.3%
Days to pending
40 days
New listings (monthly)
129

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,243/mo
1-year rent change
-0.6%
Studio fair-market rent
$986/mo
1BR fair-market rent
$1,233/mo
2BR fair-market rent
$1,558/mo
3BR fair-market rent
$2,026/mo
4BR fair-market rent
$2,337/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$16.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
14
Elementary schools
10
Middle schools
2
High schools
2
School districts serving the area
Hillsboro SD 1J, Beaverton SD 48J, Portland SD 1J
Schools include
Lenox Elementary School, Westview High School, Cedar Mill Elementary School, Rock Creek Elementary School, Terra Linda Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, earthquake, heatWave, iceStorm, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively High · heatWave: Relatively High · iceStorm: Relatively High · inlandFlooding: Relatively High · landslide: Relatively Low
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 19% of US counties
Buildings in wildfire direct-exposure zone
14.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
2
Nearest Superfund site
McCormick & Baxter Creosoting Co. (Portland Plant) (3.9 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
65.0°F
Average low
47.0°F
Annual precipitation
40.4 in
USDA plant hardiness zone
8b (extreme annual low 15 to 20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
269
Days with Moderate air quality
94
Highest AQI recorded (year)
115

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
11.8 / 20
Transit service frequency
853
Jobs reachable by car (30 min)
50,821
Jobs reachable by transit (45 min)
39,393

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Fort Vancouver National Historic Site (9 mi)
Airports within 30 mi
78
Nearest airport
Portland Hillsboro Airport (HIO) (7 mi)
Nearest major airport
Portland Hillsboro Airport (HIO) (7 mi)
Hospitals nearby (~15 mi)
12
Hospitals include
PROVIDENCE ST VINCENT MEDICAL CENTER, CEDAR HILLS HOSPITAL, OHSU HOSPITAL AND CLINICS
Avg hospital rating (CMS)
3.6 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,175 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,998
Housing built before 1970
10.5%
Housing built 2000 or later
44.7%
Median annual property tax
$7,115
Mean commute to work
15 min
Households with broadband internet
90.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
284,978
Average weekly wage
$1,698
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,992

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 97229State medianUS median
Median home value$734,680$463,165$289,727
Median sale price$326,350$460,000$325,000
Median days on market78 days48 days51 days
Typical rent$2,243/mo$1,756/mo$1,808/mo
Median annual property tax$7,115$2,722$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 97229?
$734,680.
What is the median sale price in ZIP 97229?
$326,350.
How long do homes take to sell in ZIP 97229?
Median days on market: 78 days.
What is typical rent in ZIP 97229?
Typical rent: $2,243/month.
What is the natural-hazard risk in ZIP 97229?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, earthquake, heatWave, iceStorm, inlandFlooding.
Is ZIP 97229 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 97229?
Risk to homes is higher than 19% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 97229?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 97229?
2 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: McCormick & Baxter Creosoting Co. (Portland Plant), 3.9 mi.
How many schools serve ZIP 97229?
14 schools (10 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 97229 walkable?
Walkability index: 11.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 97229?
Good. Median AQI: 36. (EPA AQI).
What is the cost of living in ZIP 97229?
Regional Price Parity: 101.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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