97209 — Portland, OR Home Values
Typical home value $346,249 as of June 2026 · 120th of 120 in Portland-Vancouver-Hillsboro, OR-WA
Blue: typical home value (Zillow ZHVI) in ZIP code 97209, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97209 compares in the Portland-Vancouver-Hillsboro, OR-WA area
ZIP code 97209 (Portland, OR) has a typical home value of $346,249 as of June 2026, ranking 120th of 120 ZIP codes tracked in the Portland-Vancouver-Hillsboro, OR-WA area, more expensive than about 1% of ZIP codes in the metro. Prices here have moved -9.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -22.2%, from $444,962 in June 2021 to $346,249 in June 2026. Against observed rent, the typical home here sells for 16.4× the annual rent ($1,755/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Portland-Vancouver-Hillsboro, OR-WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Portland.
Population and demographics
ZIP code 97209 has a population of 21,727, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 72.3% White, 8.3% Hispanic or Latino, 8.1% Asian, 5.5% two or more races, 4.5% Black or African American, 0.9% American Indian or Alaska Native, 0.3% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Emerson School | 105 NW Park Ave, Portland, OR | 0.5 mi |
| Metropolitan Learning Center | 2033 NW Glisan St, Portland, OR | 0.5 mi |
| Lincoln High School | 1750 SW Salmon St., Portland, OR | 0.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97209?
$346,249 as of June 2026, the latest month Zillow has published observed data for.
Is 97209 an expensive ZIP code in the Portland-Vancouver-Hillsboro, OR-WA area?
97209 ranks 120th of 120 ZIP codes in the Portland-Vancouver-Hillsboro, OR-WA area by typical home value, more expensive than about 1% of ZIP codes in the metro.
How much have home values in 97209 changed over the past year?
-9.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97209?
The typical home price is 16.4× the observed annual rent in this ZIP code ($1,755/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97209?
21,727, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97209?
Emerson School (0.5 mi), Metropolitan Learning Center (0.5 mi), Lincoln High School (0.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97209?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Portland-Vancouver-Hillsboro, OR-WA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.