ZIP 97019

97019 is one of 34 ZIP codes that lie mostly in Multnomah County, OR — 71% of its own area is in the county.

Shaded by typical home value, it ranks 7 of the 31 with a value.

1 school location in 97019: 1 high.

In alphabetical order: Corbett School. Locations only — no ratings are shown here.

In January 2000 the typical home in 97019 was worth $169,933.

Values peaked at $679,327 in June 2022. The latest reading is −3.8% from that peak.

As of August 2026: $653,601, +0.8% over twelve months.

Start with the typical home: $653,601. Put 20% down and borrow $522,881 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,620 a month in principal and interest.

The median household here earns $107,604 a year, $8,967 a month. So the payment takes 40.4% 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 10.5% 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 $1,017.

In December 2020, with rates at 2.68%, it was $1,724.

By August 2026, at 6.67%, it was $3,363 — +95% since December 2020, while the home's value moved +23%.

Reported values rose +285% 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 $335,380. So the real change is +95%, not +285%.

97019: +285% since January 2000.

Multnomah County: +210% since January 2000.

Oregon: +225% since January 2000 — 97019 ran ahead of it by 59 points.

Against 400 Oregon ZIP codes, 97019 sits at the 44th percentile for affordability (price vs local income).

57th for appreciation (recent value growth); 37th for rental yield (rent vs price).

Owning the typical home costs about $4,274 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,744 a month.

Price divided by a year's rent: 31.2. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Homes sold: about 3 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 2 — so sales ran at 150% of it, and below it in 6 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: 14 in June 2026.

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