ZIP 97219

97219 is one of 34 ZIP codes that lie mostly in Multnomah County, OR — 96% of its own area is in the county.

Shaded by typical home value, it ranks 9 of the 31 with a value.

9 school locations in 97219: 5 elementary, 2 middle, 2 high.

In alphabetical order: Capitol Hill Elementary School, Ida B. Wells-Barnett High School, Jackson Middle School, Maplewood Elementary School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 97219 was worth $204,844.

Values peaked at $676,346 in June 2022. The latest reading is −6.7% from that peak.

As of August 2026: $631,366, +0.5% over twelve months.

Start with the typical home: $631,366. Put 20% down and borrow $505,093 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,497 a month in principal and interest.

The median household here earns $115,525 a year, $9,627 a month. So the payment takes 36.3% 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 11.8% 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 $1,227.

In December 2020, with rates at 2.68%, it was $1,788.

By August 2026, at 6.67%, it was $3,248 — +82% since December 2020, while the home's value moved +14%.

Reported values rose +208% 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 $404,281. So the real change is +56%, not +208%.

97219: +208% since January 2000.

Multnomah County: +210% since January 2000.

Oregon: +225% since January 2000 — 97219 ran behind it by 17 points.

Against 400 Oregon ZIP codes, 97219 sits at the 62nd percentile for affordability (price vs local income).

48th for appreciation (recent value growth); 43rd for rental yield (rent vs price).

Owning the typical home costs about $4,129 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,942 a month.

Price divided by a year's rent: 27.1. 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 84 a month (Redfin, 3-month rolling data through August 2026). That is 86% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 212. That is 121% of the 2015–2019 level for the same months.

Going out — closed sales: about 67 a month. That is 83% of the 2015–2019 level for the same months. The drain is drawn 25% narrower: the share of homes for sale that sell each month is 75% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.2 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 17 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 74 — so sales ran at 91% of it, and below it in 20 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: 212 in June 2026.

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