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 97232 — Portland
The 97232 housing market is experiencing significant downward pressure on prices, with a 23.4% year-over-year decline in median sale price. High inventory relative to sales velocity and elevated vacancy rates suggest a cooling market environment for sellers. Buyers are finding more leverage as days on market have increased significantly compared to the previous year.
This ZIP is ideal for young professionals and urban-dwelling commuters who prioritize proximity to downtown Portland, transit access, and a high-density lifestyle over traditional suburban family housing.
Median prices moved up 3.1% year over year.
Homes spend a median of 58 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 11.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 97232, 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 is served by Portland Public Schools, with local schools generally reflecting the urban character of the district.
The area faces standard urban climate risks, with property insurance markets in Oregon influenced by regional wildfire and seismic exposure.
The area features a mix of historic residential neighborhoods and urban infill, with proximity to the Lloyd District and central Portland employment hubs.
Property taxes are assessed by Multnomah County based on real market value, with an effective rate of approximately 1.0% for residential parcels in this ZIP.
Residents benefit from high walkability and extensive public transit access via MAX Light Rail and bus lines connecting directly to downtown Portland.
The ZIP includes access to major urban green spaces like Holladay Park and proximity to the Willamette River waterfront and the Lloyd Center shopping district.
The rental market is characterized by a high renter share of approximately 73%, with significant demand for multi-family units near the urban core.
The local economy is anchored by the Lloyd District's commercial offices, healthcare facilities, and proximity to Portland's central business district.
The area is a primary transit node for the Portland metropolitan region, served by multiple MAX Light Rail lines and major arterial roadways.
Development activity is focused on urban infill and the long-term revitalization of the Lloyd Center area.
Multnomah County Assessment and Taxation manages property valuations based on state-mandated assessment cycles.
Parcels are subject to Portland Public Schools and various regional service districts including Metro and TriMet.
Property insurance premiums are influenced by regional wildfire risk and the urban density of the Portland metro area.
Data sourced from Census Bureau and ZCTA-level ACS profiles.
A central urban park serving the Lloyd District.
A major retail and entertainment hub undergoing redevelopment.
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.
Unlocked in the Investor tier
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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