97229 — Portland, OR Home Values
Typical home value $742,698 as of June 2026 · 11th of 120 in Portland-Vancouver-Hillsboro, OR-WA
Blue: typical home value (Zillow ZHVI) in ZIP code 97229, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97229 compares in the Portland-Vancouver-Hillsboro, OR-WA area
ZIP code 97229 (Portland, OR) has a typical home value of $742,698 as of June 2026, ranking 11th of 120 ZIP codes tracked in the Portland-Vancouver-Hillsboro, OR-WA area, more expensive than about 92% of ZIP codes in the metro. Prices here have moved -3.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +9.7%, from $677,277 in June 2021 to $742,698 in June 2026. Against observed rent, the typical home here sells for 28.5× the annual rent ($2,170/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 97229 has a population of 75,626, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 58.5% White, 26.2% Asian, 6.9% Hispanic or Latino, 5.2% two or more races, 2.1% Black or African American, 0.7% another race, 0.2% American Indian or Alaska Native, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Findley Elementary | 4155 NW Saltzman Rd, Portland, OR | 0.1 mi |
| Stoller Middle School | 14141 NW Laidlaw Rd, Portland, OR | 0.8 mi |
| Bonny Slope Elementary School | 11775 NW McDaniel Rd, 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 97229?
$742,698 as of June 2026, the latest month Zillow has published observed data for.
Is 97229 an expensive ZIP code in the Portland-Vancouver-Hillsboro, OR-WA area?
97229 ranks 11th of 120 ZIP codes in the Portland-Vancouver-Hillsboro, OR-WA area by typical home value, more expensive than about 92% of ZIP codes in the metro.
How much have home values in 97229 changed over the past year?
-3.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97229?
The typical home price is 28.5× the observed annual rent in this ZIP code ($2,170/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97229?
75,626, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97229?
Findley Elementary (0.1 mi), Stoller Middle School (0.8 mi), Bonny Slope Elementary 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 97229?
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.