Zip Code:

97024, Fairview, OR

97024 is a Oregon Zip code within the city of Fairview and the county of Multnomah County. Its population is roughly 10,344.

The Real Estate Market in Fairview, Oregon

There is no doubt that home equity and home prices are two of the most important factors when it comes to buying a home. When you have equity in your home, you can use that money to make larger down payments or pay off other debts, which can help you get into a better home more quickly. Additionally, if the market for homes in your area is hot, having equity in your home can help you increase your chances of being able to sell your home for more than you paid for it.

According to Zillow, the 97024 zip code of Fairview has seen some of the highest rates of growth in terms of both home equity and home prices over the past few years. In fact, over the past three years (2015-2017), Fairview has seen an average annual growth rate of 7%. This means that on average, homes here are worth about 7% more than they were three years ago.

While this may not seem like a lot, it’s important to keep in mind that this growth is happening across all types of homes – from single family homes to condos – so it’s not just affecting properties that are expensive or newly built. In fact, according to Zillow’s analysis, even modestly priced homes here are seeing strong demand from buyers and have been increasing in value at an above-average rate.

So if you’re looking for a place to call home – or if you just want some extra money saved up so you can buy a nicer one – consider checking out properties in the 97024 zip code of Fairview!

Price Index: Portland-Vancouver-Hillsboro, OR-WA

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