Market snapshot

Who Is Buying in 97229 (Portland)

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

Data last updated

In Portland (97229), investors own about 25 tracked properties across 10 active buyers, with a median investor purchase price near $705,000. 9 were acquired in the last 12 months.

10
Active Cash Buyers
25
Investor-Owned Properties
9
Acquisitions (12 mo)
$705,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)9
Acquisitions (last 24 mo)17
Share acquired in last 12 mo36.0%
Average purchase price$890,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments4
Gated contacts available10

Property Characteristics

Median building size (sqft)2,083
Average building size (sqft)2,791
Median year built1996
Average year built1979
Built before 198033.3%

Investment Strategy Mix

Buy & Hold66.7%
Value-Add / Rehab33.3%
New Construction0.0%

Hottest ZIP codes for investors

97205 · 19597209 · 9797206 · 86
Market read

What investors are doing in 97229

Most capital here runs buy & hold — 66.7% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.

Typical deal size in 97229 sits around $705,000. An average of $890,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.

The median investor-owned home was built around 1996. Only about 33.3% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.

There are 10 buyers paying cash in 97229 today, against a standing position of about 25 properties. At under 0.9 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.

The trend is upward: 9 purchases this year against 8 last, about 13% more. Expect contracts to move faster and price expectations to firm up.

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 10 active investors owning 25 tracked properties in Portland.
What is the median investor purchase price in Portland?
The median investor purchase price is about $705,000 in Portland.
How active is the Portland investor market recently?
9 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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