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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −5.8% YoY. inventory, −16.8% YoY, is the number to watch.
The median listing price is down 5.8% YoY while the median home got down 4.5% bigger, so value per square foot is down 8.3%.
U.S. Census ACS characteristics for ZIP 97209 itself, not its parent county.
Renters hold 80.2% of this ZIP's 14,765 occupied households, on a median household income of $80K.
| Measure | ZIP 97209 | Multnomah County | Difference |
|---|---|---|---|
| Median Household Income | $80K | $89K | -$8K |
| Below Poverty Level | 17.5% | 12.6% | +4.9% |
| Median Age | 36.70 | 38.70 | -2.00 |
| Total Population | 22,296 | 801,477 | -- |
| Avg Household Size | 1.43 | 2.23 | -0.80 |
| Owner-Occupied | 19.8% | 53.4% | -33.6% |
| Worked From Home | 34.1% | 26.1% | +8.0% |
| Mean Commute | 20.70 | 24.40 | -3.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 801,477: residents under 18 are down 2.1% and those 65 and over are up 2.2%.
County median household income is $89K, 12.6% of residents are below the poverty level, 26.1% work from home.