Portland 97229

Washington County, OR · 3,035 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

54affordability /100

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

Payment burden
28.1%
stretched
Days on market
32
daily
Price cuts
18.7%
of active
Valuation
-26.1%
vs assessor
Look up an address
44
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
15
Affordability
65
Valuation
50
Economic health
54

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

50/ 100SellerBalancedBuyer
Balanced Market
DOM: 85d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 97229. List price is roughly fair — focus on condition and value. Payment burden: 28.1% of median income. Median days on market: 85. Renting is approximately 138% cheaper than buying (price-to-rent ratio: 28.6).

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

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 3.4% YoY.

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Market snapshoteach number, once

Median price
$741,191
▾ 3.4% YoY
Days on market
32
daily · zip_data
Median rent
$2,161
ZORI
Investor score
26/100
cash-flow lens
Active listings
278
90-day

Valuation3 lenses, different anchors

vs assessor
-26.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$547,900
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$246
Price-to-income4.6×

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How 97229 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity65%
Supply tightness37%
Affordability86%
Investment yield48%
Appreciation2%

Affordability, supply & momentum

34SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply17.3 mo
Days on Market32d
Inv vs History-3.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,744
Payment burden28.1%
Median income · ZIP$159,863
Mortgage rate6.49% · 30yr
Total monthly own$4,485
Monthly rent$2,161
Market dynamics
Price cut %18.7%
Momentumcooling
LeverageBALANCED
Months of supply17.3
Sales (90d)0
Investment analysis
Median rent$2,161
Price-to-rent28.6
Est. cap rate2.3%
Buy vs rentfavors renting

Livability

Walk score6
Transit score7
Bike score

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Washington 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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