Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 97203 — Portland
The 97203 housing market is showing signs of stabilization after a period of cooling, with median prices hovering around $458,000. While year-over-year prices have seen a slight decline, the market remains in a seller-favored zone due to limited inventory and steady demand. Buyers are finding more leverage than in previous years, though competition remains for well-priced, move-in-ready homes.
This ZIP is well-suited for young professionals, university-affiliated individuals, and first-time homebuyers seeking an urban, walkable lifestyle. It appeals to those who value historic character and riverfront access over suburban sprawl.
Median prices moved down 1.7% year over year.
Homes spend a median of 18 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 19.4% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97203, Multnomah County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the St. Johns and University Park areas of 97203 are generally consistent with broader Portland urban trends, with property crime being the primary concern. Regional comparisons indicate moderate levels of public safety concerns typical of North Portland neighborhoods.
Schools in the area are served primarily by Portland Public Schools, with varying performance ratings across elementary and middle levels. The district is currently focused on equity and facility upgrades to improve student outcomes.
The area faces moderate risk from seismic activity and localized flooding near the Willamette and Columbia River waterfronts. Insurance premiums are influenced by these environmental factors and the general Pacific Northwest wildfire climate.
Economic momentum is driven by proximity to the University of Portland and industrial redevelopment along the riverfront. Infrastructure projects focus on improving transit connectivity to the Portland central business district.
Property taxes are assessed by Multnomah County based on real market value, subject to Measure 5 and Measure 50 limitations. Special districts include local school levies, fire and rescue services, and regional government bonds.
Commuters typically utilize N Lombard St and I-5 to reach downtown Portland, with transit options including TriMet bus lines and the MAX light rail system. Average commute times are moderate, reflecting the urban density of North Portland.
The ZIP features significant green space including Cathedral Park, Pier Park, and proximity to the Willamette River waterfront. Shopping and dining are concentrated in the historic St. Johns commercial district.
The rental market is robust due to the student population and proximity to downtown, with moderate vacancy pressure. Short-term rental activity is regulated by city ordinances, limiting investor saturation in residential zones.
The economy is anchored by the University of Portland, regional logistics, and a growing service sector in the St. Johns district. It benefits from its strategic location between the Willamette and Columbia rivers.
The area is served by major arterial roads including N Lombard St and N Columbia Blvd, with significant TriMet bus connectivity. Infrastructure planning prioritizes multi-modal transit and bridge maintenance.
Development is focused on mixed-use infill projects within the St. Johns town center and transit-oriented development along major bus corridors.
Multnomah County Assessment and Taxation manages property valuations, adhering to state-mandated assessment cycles and tax limitation measures.
Parcels are subject to Portland Public Schools, Multnomah County, and regional government (Metro) tax districts.
Property insurance markets are stable but sensitive to regional wildfire risk and flood zone designations near the riverfront.
Oregon continues to see moderate net domestic migration, though growth has slowed compared to the previous decade.
Oregon is primarily a non-judicial foreclosure state, requiring specific notice periods and providing homeowners with redemption rights.
Sellers are required to provide a comprehensive property disclosure statement covering material defects, including environmental hazards.
Data retrieved from data.census.gov ZCTA-level tables.
Iconic park located under the St. Johns Bridge with river access.
Large community park featuring disc golf and sports facilities.
Historic commercial district with local shops and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
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Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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