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 97204 — Portland
The 97204 housing market is a low-volume, high-price urban core characterized by a very limited inventory of active listings. Market activity is driven by high-density condominium sales and rental demand, with little turnover compared to residential neighborhoods. Current conditions reflect a stable but niche market focused on downtown living.
This ZIP is best suited for urban professionals and commuters who prioritize walkability and proximity to the city's central business and entertainment districts over traditional family-oriented suburban space.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 19.0% · poverty 44.9% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 97204, 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.
The area experiences higher rates of property crime typical of dense urban downtown cores compared to suburban regional averages.
Public schools serving this downtown core are part of Portland Public Schools, with quality ratings varying significantly by specific school site.
The area is located in a low-to-moderate flood risk zone near the Willamette River and faces standard urban insurance requirements for high-density residential structures.
Development is focused on high-density mixed-use urban infill and the revitalization of the central business district, supported by proximity to major transit hubs.
Property taxes are assessed by Multnomah County based on real market value, subject to Oregon's constitutional limits on assessed value growth.
This ZIP is the central employment core of Portland, offering exceptional walkability and immediate access to MAX Light Rail and bus transit lines.
Residents have immediate access to Tom McCall Waterfront Park, numerous downtown museums, theaters, and the extensive dining and shopping districts of the central city.
The rental market is characterized by high-density apartment living with significant inventory of luxury and historic units, experiencing stable demand from urban professionals.
The economy is anchored by the downtown central business district, featuring a mix of government, professional services, and hospitality sectors.
The area serves as the primary hub for the TriMet MAX Light Rail system and regional bus network, providing high-frequency transit connectivity.
Ongoing urban renewal projects focus on the continued densification of the downtown core and improvements to public transit infrastructure.
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 various municipal service districts including urban renewal areas.
Property insurance premiums in this urban core are influenced by high-density construction types and proximity to riverfront flood zones.
Data derived from ZCTA 97204 census profiles and historical records.
Major urban park along the Willamette River hosting festivals and recreation.
The oldest art museum on the West Coast located in the heart of the city.
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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