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Sarah Mitchell
Compass Real Estate · ZIP 97011
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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97011 ZIP Code Housing Market
$528,000median sale price
What is the 97011 housing market like right now?
The median home sale price in ZIP code 97011 is $528,000. Homes sell in an average of 25 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 97011 ZIP code a buyer's or seller's market?
ZIP code 97011 is currently a balanced market and homes selling in about 25 days. How we determine this →
What are the latest 97011 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $528,000 |
| Median list price | $549,900 |
| Average days on market | 25 days |
| Active inventory | 5 listings |
| Sale-to-list price ratio | 100.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 97011 zip code, located in Mount Hood Villages, OR, is currently classified as a balanced market. The median sale price stands at $528,000. Homes in this area spend an average of 25 days on the market before going under contract. There are currently 5 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 97011 sits in the Mount Hood Villages, OR area, roughly 4.9 miles from downtown Mount Hood Villages. Because home prices are set street by street, this ZIP can move differently from Mount Hood Villages's citywide averages. The figures below reflect 97011 specifically — drawn from Redfin transactions, U.S. Census data for its 620 residents, and Zillow value estimates.
Homes sold
2
Last 12 weeks
Days on market
25
Average pace
Active listings
5
Sale-to-list
100.0%
Above asking
What is driving the 97011 housing market?
The 97011 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 97011 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 97011 stands at $516,793, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 97011?
Population
620
Median income
$91,292/yr
Median age
51.2 years
Owner-occupied
81.1%
College grads
39.7%
What is it like living in 97011?
Zip code 97011 is home to approximately 620 residents. The median household income is $91,292 per year, which shapes the types of homes and amenities available in the area. With a median age of 51.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 81.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 39.7% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 97011.
Frequently asked questions about 97011
What is the median home price in 97011?
The current median sale price in 97011 is $528,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 97011 a buyer's or seller's market?
The 97011 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 97011?
Zip code 97011 has a population of approximately 620 residents. The median household income is $91,292 per year. About 81.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 97011?
Properties Incorporated provides comprehensive data for 97011 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 97011 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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