97432
$220,000median sale price
The 97432 zip code, located in Clackamas, OR, is currently classified as a leaning buyer's. The median sale price stands at $220,000, representing a -12.9% change year over year. Homes in this area spend an average of 54 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 97432 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
54
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
Market trends
Market analysis for 97432
The 97432 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, 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 97432 have declined -12.9% 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 97432 stands at $216,208, 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.
Community profile
Population
187
Median age
25.3 years
Owner-occupied
3290.0%
Living in 97432
Zip code 97432 is home to approximately 187 residents. With a median age of 25.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 3290.0% 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.
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 97432.
Frequently asked questions about 97432
What is the median home price in 97432?
The current median sale price in 97432 is $220,000, based on recent Redfin transaction data. Prices have changed -12.9% 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 97432 a buyer's or seller's market?
The 97432 zip code is currently classified as a leaning buyer's. 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 and demographics of 97432?
Zip code 97432 has a population of approximately 187 residents. About 3290.0% 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 97432?
Properties Incorporated provides comprehensive data for 97432 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 97432 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.
Get zip code 97432 market alerts
Weekly updates on prices, inventory, and trends. Free forever.