97018, Columbia City, OR

Columbia City is located in the 97018 zip code in the Portland metropolitan area. According to the 2010 census, Columbia City has a population of 10,927. Home prices in Columbia City have increased significantly over the past several years and are now among some of the highest prices in Oregon.

The median home price in Columbia City was $269,000 as of September 2016. This represents an increase of 116% from $128,500 as of September 2010. The average home value in Columbia City has also increased significantly, rising from $153,000 as of September 2010 to $269,000 as of September 2016.

One reason for this significant increase in home values is that Columbia City is located within a desirable area with a strong economy. The Portland metropolitan area has been one of the fastest-growing regions in the United States over the past several years and continues to experience strong growth rates. Additionally, Columbia City is situated close to many amenities and businesses that residents may find useful.

While there are some concerns about increasing home prices becoming out of reach for many potential buyers, overall it appears that homeownership remains a popular choice in Columbia City and elsewhere within the 97018 zip code. In addition to providing stability and security during times of economic recession or market volatility, owning your own home can also provide significant financial benefits such as tax deductions and appreciation on your property's value over time