SIALIMStatistical Intelligence for America's Local Investment Markets

98651 — Underwood, WA Home Values

Typical home value $834,178 as of August 2026 · 2nd of 120 in Portland-Vancouver-Hillsboro, OR-WA

Typical value — August 2026
$834,178
observed, not a forecast
Past 12 months
+0.4%
trailing year-over-year change
Past 5 years
+14.5%
August 2021 to August 2026
Rank in metro
2nd
of 120 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 98651, August 2021 to August 2026. This page shows observed data only; no forecast.

How 98651 compares in the Portland-Vancouver-Hillsboro, OR-WA area

ZIP code 98651 (Underwood, WA) has a typical home value of $834,178 as of August 2026, ranking 2nd of 120 ZIP codes tracked in the Portland-Vancouver-Hillsboro, OR-WA area, more expensive than about 99% of ZIP codes in the metro. Prices here have moved +0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.5%, from $728,636 in August 2021 to $834,178 in August 2026.

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 98651 has a population of 935, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.5% White, 3.2% two or more races, and 2.3% Hispanic or Latino.

Nearby public schools

SchoolAddressDistance
Pacific Crest Innovation Academy1142 Jessup rd, cook, WA3.4 mi
Mill A Elementary School1142 JESSUP ROAD, COOK, WA3.4 mi
Hood River Middle School1602 May St, Hood River, OR3.6 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 98651?

$834,178 as of August 2026, the latest month Zillow has published observed data for.

Is 98651 an expensive ZIP code in the Portland-Vancouver-Hillsboro, OR-WA area?

98651 ranks 2nd of 120 ZIP codes in the Portland-Vancouver-Hillsboro, OR-WA area by typical home value, more expensive than about 99% of ZIP codes in the metro.

How much have home values in 98651 changed over the past year?

+0.4% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 98651?

935, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 98651?

Pacific Crest Innovation Academy (3.4 mi), Mill A Elementary School (3.4 mi), Hood River Middle School (3.6 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 98651?

No. Every number on this page is observed Zillow data as of August 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.