97015, Clackamas, OR

The 97015 zip code of Clackamas, OR is located in the Portland metropolitan area. The median home value in this zip code is $269,000. The home equity index for this zip code is 106.7%. This means that the homes in this zip code are worth an average of $269,700 more than what it would cost to purchase them outright. Additionally, the homes in this zip code are worth an average of $106,700 more than what it would cost to refinance them.

There are a number of reasons why homes in the 97015 zip code are worth more than they would be if purchased outright or refinanced. One reason is that Clackamas has a high rate of home ownership and relatively low rates of foreclosure and delinquency. Additionally, there is a strong demand for housing in this area due to its proximity to both Portland and Seattle. Finally, Clackamas has a relatively low unemployment rate and high levels of education attainment relative to other areas of Oregon. These factors all contribute to the high value of homes in the 97015 zip code.