Recently Sold Homes in 97227

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United StatesOregonPortland97227

97227 Real Estate Insights

ZIP code 97227 is located in Portland, Oregon.

Anyone who loves to eat will enjoy the great variety of restaurants in ZIP code 97227 with their many kinds of cuisines such as Mexican, barbeque joints and creperies. Whether you're going out on a date or with some friends, the nightlife in this vicinity gives you a wide range of venues to choose from. Whether you are a star gazer, a fan of traditional art, or more into art history, you will most certainly find something to explore and experience here If you like to stay active, this locale is for you because there are working out at sports clubs, golfing and playing at the park to help you keep fit. This locale is home to many stores, such as antique shops, home & garden stores and arts & crafts shops, allowing customers to come to this area to enjoy the shopping. Relatively fewer residents drive all the way to work from this vicinity; instead they make use of the convenient transit routes which serve the area. One of the most common sights of ZIP code 97227 is a bicycle enthusiast enjoying a ride, making this a great place to live for bike riders.

In ZIP code 97227, there is only a low percentage of homes that are actually occupied by their owners. Expect to find more academically charged activities, as this area is home to a high percentage of college-educated adults. Whether you feel young or you really are young, the median age in ZIP code 97227 is low so you will fit right it.

ZIP code 97227's real estate market is picking up 47.7 percent by average listing price, year-over-year. Last year, the average listing price was $440,016 and rose to $649,868 in this year. Such a large surge is a positive trend for current homeowners and new buyers in the local area looking to profit from rapidly increasing property values. Inventory rose by a whopping 200 percent year-over-year. The number of listings on the market increased from 2 to 6 this year, greatly expanding the range of options for buyers searching for homes here. The hardwood floors available in a significant number of homes in ZIP code 97227 are attractive and easy-to-maintain for families with pets or young children.