97920, Westfall, OR

The 97920 zip code of Westfall, OR, has a median home value of $242,000 and a median home equity value of $163,000. These values are significantly higher than the statewide median home value of $177,500 and statewide median home equity value of $130,000. The high home values in the 97920 zip code may be attributable to the many affluent residents who live in this area. Additionally, Westfall is located in one of the most desirable areas in Oregon. This may also contribute to the high home values in this area.

Despite the high home values in the 97920 zip code, there is still a significant amount of available housing stock. This indicates that there is still room for prices to increase if desired. In addition, there are a number of potential buyers who are interested in purchasing homes in this area. This suggests that housing prices will likely continue to rise over time unless there is an unforeseen event that causes a decrease in demand for homes within the 97920 zip code.