Market snapshot

Who Is Buying in 97218 (Portland)

Investor purchase activity, drawn from the last 12 months of records.

Data last updated

In Portland (97218), investors own about 103 tracked properties across 34 active buyers, with a median investor purchase price near $364,000. 20 were acquired in the last 12 months.

34
Active Cash Buyers
103
Investor-Owned Properties
20
Acquisitions (12 mo)
$364,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)20
Acquisitions (last 24 mo)45
Share acquired in last 12 mo19.4%
Average purchase price$854,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments37
Gated contacts available66

Property Characteristics

Top property typeSingle Family Residential
Median building size (sqft)1,305
Average building size (sqft)1,361
Median year built2004
Average year built1982
Built before 198043.5%

Investment Strategy Mix

Buy & Hold47.1%
Value-Add / Rehab43.5%
New Construction9.4%

Hottest ZIP codes for investors

97205 · 19597209 · 9797206 · 86
Market read

What the 97218 numbers mean

Investors here buy at a median of $364,000. The average of $854,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.

The dominant play is buy & hold, at 47.1% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.

The median investor-owned home was built around 2004. 43.5% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.

There are 34 buyers paying cash in 97218 today, against a standing position of about 103 properties. Averaging below 0.6 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.

The trend is downward: 20 purchases against 25 the prior year, a decline of about 20%. Deals take longer to place here, and sellers who price for last year's market will sit.

Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.

Answers

Frequently asked questions

How many investors are active in Portland?
There are 34 active investors owning 103 tracked properties in Portland.
What is the median investor purchase price in Portland?
The median investor purchase price is about $364,000 in Portland.
How active is the Portland investor market recently?
20 properties were acquired by investors in the last 12 months in Portland.
Is there recent new-construction investor activity in Portland?
0 new-construction homes were acquired by investors in Portland in the last 90 days.

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