ZIP Code 97227 Housing Market
ZIP code 97227 is located in Multnomah County, Oregon. Based on the FHFA House Price Index, the most recent annual HPI value is 408.9 (2000 = 100) , with a year-over-year change of +4.00% as of 2025.
📈 97227 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 97227 is one of the most active real estate sub-markets in Multnomah County, Oregon. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Multnomah County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Multnomah County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 97205 | 238.3 | -14.92% | 2025 |
| 97210 | 252.8 | -3.74% | 2025 |
| 97201 | 240.5 | +1.14% | 2025 |
| 97133 | 273.6 | +0.49% | 2025 |
| 97024 | 259.5 | -3.16% | 2025 |
| 97218 | 365.0 | +2.28% | 2025 |
| 97266 | 300.9 | -3.44% | 2025 |
| 97239 | 260.1 | +2.52% | 2025 |
| 97214 | 337.3 | -1.19% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.