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Sarah Mitchell
Compass Real Estate · ZIP 97230
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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97230 ZIP Code Housing Market
$443,600median sale price
What is the 97230 housing market like right now?
The median home sale price in ZIP code 97230 is $443,600, down 2.0% year-over-year. Homes sell in an average of 25 days with 99 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 97230 ZIP code a buyer's or seller's market?
ZIP code 97230 is currently a balanced market and homes selling in about 25 days. How we determine this →
What are the latest 97230 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $443,600 |
| Median list price | $474,950 |
| Year-over-year price change | -2.0% |
| Average days on market | 25 days |
| Active inventory | 99 listings |
| Sale-to-list price ratio | 99.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 97230 zip code, located in Maywood Park, OR, is currently classified as a balanced market. The median sale price stands at $443,600, representing a -2.0% change year over year. Homes in this area spend an average of 25 days on the market before going under contract. There are currently 99 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 97230 sits in the Maywood Park, OR area, roughly 2.8 miles from downtown Maywood Park. Because home prices are set street by street, this ZIP can move differently from Maywood Park's citywide averages. The figures below reflect 97230 specifically — drawn from Redfin transactions, U.S. Census data for its 43,553 residents, and Zillow value estimates.
Homes sold
95
Last 12 weeks
Days on market
25
Average pace
Active listings
99
Sale-to-list
99.2%
Below asking
What is driving the 97230 housing market?
The 97230 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 99.2% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 97230 have declined -2.0% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 97230 stands at $462,978, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,523 per month. This gives a price-to-rent ratio of approximately 25.3, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 97230?
Population
43,553
Median income
$75,572/yr
Median age
38.7 years
Owner-occupied
61.0%
College grads
28.7%
Avg commute
27.09 min
What is it like living in 97230?
Zip code 97230 is home to approximately 43,553 residents. The median household income is $75,572 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 61.0% 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 28.7% 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. The average commute time is 27.09 minutes, which is close to the national average. 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 97230.
Which public schools serve ZIP 97230?
10 schools tracked · 3,486 students
The largest public schools serving ZIP code 97230 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hauton B Lee Middle School
Grades 6-8 · 646 students
Wilkes Elementary School
Grades K-5 · 443 students
Glenfair Elementary School
Grades K-5 · 432 students
Menlo Park Elementary School
Grades PK-5 · 362 students
Davis Elementary School
Grades K-5 · 332 students
Margaret Scott Elementary School
Grades K-5 · 324 students
Russell Elementary
Grades K-5 · 314 students
Hartley Elementary School
Grades K-5 · 313 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 97230
What is the median home price in 97230?
The current median sale price in 97230 is $443,600, based on recent Redfin transaction data. Prices have changed -2.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 97230 a buyer's or seller's market?
The 97230 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 97230?
Zip code 97230 has a population of approximately 43,553 residents. The median household income is $75,572 per year. About 61.0% 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 97230?
Properties Incorporated provides comprehensive data for 97230 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 97230 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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