Home Values

97009 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$331,100

  • 6.9% 1-year change
  • 3.9% 1-year forecast

The median home value in 97009 is $331,100. 97009 home values have gone up 6.9% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in 97009 is $161, which is higher than the Boring average of $155. The median price of homes currently listed in 97009 is $414,995 while the median price of homes that sold is $244,902.

Foreclosures will be a factor impacting home values in the next several years. In 97009 2.3 homes are foreclosed (per 10,000). This is the same as the Boring value of 2.3 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 97009 is 5.9%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 97009 homeowners underwater on their mortgage is 7.4%, which is the same as Boring at 7.4%.

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Relative ZHVI
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97009 Market Overview

Data through Jan 31, 2015
  • $331,100 ZHVI
  • 3.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $414,995 Median listing price
  • No recent data Median sale price
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97009 Market Health

Data through Jan 31, 2015
  • 9.2/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 7.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.3 homes(Dec 31, 2014) 97009
2.3 homes(Dec 31, 2014) Boring
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
97086 $381,100
97089 $347,800
97022 $299,300
Name Median ZHVI
97080 $248,700
97024 $234,900
97060 $228,800
Name Median ZHVI
97030 $214,400
97236 $212,400
97233 $196,500

Listings & Sales

Data through Jan 31, 2015
  • $161 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
34.3%
Sold below listing
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97009 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,737 97009
    $1,740 Boring
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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