97903

Balanced market

$341,000median sale price

The 97903 zip code, located in Clackamas, OR, is currently classified as a balanced market. The median sale price stands at $341,000. Homes in this area spend an average of 14 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 97903 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

14

Fast-moving

Active listings

Sale-to-list

97.5%

Below asking

Market analysis for 97903

The 97903 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 97.5% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 97903 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.

Community profile

Population

24

Median age

76.1 years

Owner-occupied

10000.0%

Living in 97903

Zip code 97903 is home to approximately 24 residents. With a median age of 76.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 10000.0% 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 97903.

Frequently asked questions about 97903

What is the median home price in 97903?

The current median sale price in 97903 is $341,000, 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 97903 a buyer's or seller's market?

The 97903 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 and demographics of 97903?

Zip code 97903 has a population of approximately 24 residents. About 10000.0% 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 97903?

Properties Incorporated provides comprehensive data for 97903 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 97903 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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