97206, Portland, OR

The 97206 zip code of Portland, OR has a median home value of $269,000 and a median home equity value of $141,000. The 97206 zip code ranks #1 in the state of Oregon for both home values. The 97206 zip code also ranks #1 in the city of Portland for both home values.

There are a number of factors that contribute to the high values in the 97206 zip code of Portland. One reason is that Portland is one of the most desirable cities in America to live in. It has a strong economy with high employment rates and an abundance of amenities and cultural attractions. Additionally, homes in this area are typically well-maintained and have plenty of square footage for families to grow into.

Despite these reasons, there are some challenges facing homeowners in the 97206 zip code. One issue is that prices have been increasing faster than wages over the past few years, which has made it harder for people to afford homes on their own. Another challenge is that there is a limited supply of homes available for sale in this area, which means that buyers have more power to drive up prices than they would if there were more available options.