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Area data

Portland, OR — ZIP 97216

Population: 16,638 (Census ACS)

Home values & appreciation

Median home value
$427,581
1-year appreciation
0.0%
3-year appreciation
+0.1%
5-year appreciation
+0.1%
10-year appreciation
+45.9%
All-time peak (2022-06)
$459,697
House Price Index
623.5 (+0.5% YoY)

Market activity

Median sale price
$315,000
Median days on market
91 days
Sale-to-list ratio
99.7%
1-year forecast
-1.0%
New listings (monthly)
18

Rents

Typical rent
$1,605/mo
1-year rent change
-0.7%
1BR fair-market rent
$1,233/mo
3BR fair-market rent
$2,026/mo

Affordability

Cost of living index (Above Average)
101.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$16.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
5
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, earthquake, heatWave, iceStorm, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
267

Walkability & transit

Walkability index
17.7 / 20
Transit service frequency
219

Amenities

National parks within ~60 mi
1
Nearest national park
Fort Vancouver National Historic Site (9 mi)
Nearest airport
Portland International Airport (PDX) (6 mi)
Nearest major airport
Portland International Airport (PDX) (6 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.5 kWh/m²/day)

Migration

Net migration
-2,689 tax filers

Housing stock

Median year housing built
1,969
Median annual property tax
$4,592
Mean commute to work
21 min
Households with broadband internet
76.1%

Employment & development

Total county employment
431,735
Average weekly wage
$1,453
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
991

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents