Fairview 97024

Multnomah County, OR · 2,640 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

33affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
40.5%
severe
Days on market
22
daily
Price cuts
0.0%
of active
Look up an address
37
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
50
Affordability
25
Economic health
33

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

59/ 100SellerBalancedBuyer
Balanced Market
Needs 25.9% correction for affordability
DOM: 46d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 97024. List price is roughly fair — focus on condition and value. Payment burden: 40.5% of median income. A 14% price correction needed to reach 30% affordability threshold. Median days on market: 46. Renting is approximately 96% cheaper than buying (price-to-rent ratio: 23.5).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge. Prices down 1.1% YoY.

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Market snapshoteach number, once

Median price
$478,363
▾ 1.1% YoY
Days on market
22
daily · zip_data
Median rent
$1,696
ZORI
Investor score
38/100
cash-flow lens
Active listings
20
90-day

Valuation3 lenses, different anchors

vs assessor
—
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+53.9%
County-wide market — the widest, slowest signal.
Multnomah+53.9%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$213
Price-to-income6.7×

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How 97024 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity80%
Supply tightness66%
Affordability31%
Investment yield72%
Appreciation19%

Affordability, supply & momentum

34SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply21.0 mo
Days on Market22d
Inv vs History+15.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,416
Payment burden40.5%
Median income · ZIP$71,649
Mortgage rate6.49% · 30yr
Total monthly own$2,895
Monthly rent$1,696
Market dynamics
Price cut %0.0%
Momentumstable
LeverageSELLER SLIGHT
Months of supply21
Sales (90d)0
Investment analysis
Median rent$1,696
Price-to-rent23.5
Est. cap rate2.8%
Buy vs rentfavors renting

Livability

Walk score17
Transit score6
Bike score—

Historical trends

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Multnomah County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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