ZIP 97266

97266 is one of 34 ZIP codes that lie mostly in Multnomah County, OR.

Shaded by typical home value, it ranks 30 of the 31 with a value.

7 school locations in 97266: 4 elementary, 1 middle, 2 high.

In alphabetical order: Benson Polytechnic High School, Earl Boyles Elementary, Kelly Elementary School, Lent Elementary School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 97266 was worth $125,706.

Values peaked at $431,355 in June 2022. The latest reading is −8.4% from that peak.

As of August 2026: $394,952, −0.4% over twelve months.

Start with the typical home: $394,952. Put 20% down and borrow $315,962 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,188 a month in principal and interest.

The median household here earns $71,791 a year, $5,983 a month. So the payment takes 36.6% 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 11.6% 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 $753.

In December 2020, with rates at 2.68%, it was $1,161.

By August 2026, at 6.67%, it was $2,032 — +75% since December 2020, while the home's value moved +10%.

Reported values rose +214% 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 $248,094. So the real change is +59%, not +214%.

97266: +214% since January 2000.

Multnomah County: +210% since January 2000.

Oregon: +225% since January 2000 — 97266 ran behind it by 11 points.

Against 400 Oregon ZIP codes, 97266 sits at the 62nd percentile for affordability (price vs local income).

22nd for appreciation (recent value growth); 93rd for rental yield (rent vs price).

Owning the typical home costs about $2,583 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: 18.9. 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 41 a month (Redfin, 3-month rolling data through August 2026). That is 65% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 127.

Going out — closed sales: about 29 a month. That is 57% of the 2015–2019 level for the same months. The drain is drawn 50% narrower: the share of homes for sale that sell each month is 50% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 4.3 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 12 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 29 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 44 — so sales ran at 66% 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: 127 in June 2026.

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