ZIP 97206 vs ZIP 97230

97206 is one of 34 ZIP codes that lie mostly in Multnomah County, OR — 92% of its own area is in the county.

Shaded by typical home value, it ranks 21 of the 31 with a value.

11 school locations in 97206: 8 elementary, 2 middle, 1 high.

In alphabetical order: Arleta Elementary School, Atkinson Elementary School, Creston Elementary School, Franklin High School, and more on the ZIP page. Locations only — no ratings are shown here.

97230 is one of 34 ZIP codes that lie mostly in Multnomah County, OR.

Shaded by typical home value, it ranks 22 of the 31 with a value.

10 school locations in 97230: 8 elementary, 1 middle, 1 high.

In alphabetical order: Davis Elementary School, Glenfair Elementary School, Hartley Elementary School, Hauton B Lee Middle School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 97206 was worth $128,861.

Values peaked at $511,152 in June 2022. The latest reading is −9.5% from that peak.

As of August 2026: $462,746, +0.3% over twelve months.

Start with the typical home: $462,746. Put 20% down and borrow $370,197 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,563 a month in principal and interest.

The median household here earns $94,233 a year, $7,853 a month. So the payment takes 32.6% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.1% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $772.

In December 2020, with rates at 2.68%, it was $1,381.

By August 2026, at 6.67%, it was $2,381 — +72% since December 2020, while the home's value moved +8%.

Reported values rose +259% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $254,320. So the real change is +82%, not +259%.

97206: +259% since January 2000.

Multnomah County: +210% since January 2000.

Oregon: +225% since January 2000 — 97206 ran ahead of it by 34 points.

Against 400 Oregon ZIP codes, 97206 sits at the 79th percentile for affordability (price vs local income).

38th for appreciation (recent value growth); 84th for rental yield (rent vs price).

Owning the typical home costs about $3,026 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,001 a month.

Price divided by a year's rent: 19.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 97230 was worth $154,566.

Values peaked at $477,214 in June 2022. The latest reading is −5.2% from that peak.

As of August 2026: $452,550, +0.1% over twelve months.

Start with the typical home: $452,550. Put 20% down and borrow $362,040 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,507 a month in principal and interest.

The median household here earns $70,582 a year, $5,882 a month. So the payment takes 42.6% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 14.6% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $925.

In December 2020, with rates at 2.68%, it was $1,259.

By August 2026, at 6.67%, it was $2,328 — +85% since December 2020, while the home's value moved +16%.

Reported values rose +193% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $305,052. So the real change is +48%, not +193%.

97230: +193% since January 2000.

Multnomah County: +210% since January 2000.

Oregon: +225% since January 2000 — 97230 ran behind it by 33 points.

Against 400 Oregon ZIP codes, 97230 sits at the 34th percentile for affordability (price vs local income).

31st for appreciation (recent value growth); 64th for rental yield (rent vs price).

Owning the typical home costs about $2,959 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,521 a month.

Price divided by a year's rent: 24.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 71 a month (Redfin, 3-month rolling data through August 2026). That is 61% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 132.

Going out — closed sales: about 67 a month. That is 69% of the 2015–2019 level for the same months. The drain is drawn 24% narrower: the share of homes for sale that sell each month is 76% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 2.0 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 4 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 67 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 82 — so sales ran at 82% of it, and below it in 23 of the last 24 months.

Across Multnomah County, builders pulled permits for 1,594 new homes in 2025.

Of those, 62% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 49 a month (Redfin, 3-month rolling data through August 2026). That is 63% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 119.

Going out — closed sales: about 45 a month. That is 75% of the 2015–2019 level for the same months. The drain is drawn 29% narrower: the share of homes for sale that sell each month is 71% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 2.7 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 4 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 45 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 54 — so sales ran at 83% of it, and below it in 24 of the last 24 months.

Across Multnomah County, builders pulled permits for 1,594 new homes in 2025.

Of those, 62% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Multnomah County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 14,284 moved in. Among the ten receiving the most, 16,162 moved out.

Net across those counties: −1,878 households. Beside it, homes for sale in this ZIP: 132 in June 2026.

Most arrivals came from Washington, OR (4,318 households); most departures went to Clackamas, OR (4,847).

This ZIP sits in Multnomah County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 14,284 moved in. Among the ten receiving the most, 16,162 moved out.

Net across those counties: −1,878 households. Beside it, homes for sale in this ZIP: 119 in June 2026.

Most arrivals came from Washington, OR (4,318 households); most departures went to Clackamas, OR (4,847).