Tigard, OR 97224 - Real Estate Investment Insights & Performance Data

Welcome to our 97224 real estate data hub, tailored for investors in Tigard, OR. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 97224 in Tigard, OR. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHINGTON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Tigard, OR real estate investing. Uncover the wealth of information available, and position yourself for success in the Tigard property market.

• Location Overview

  • Zip Code: 97224
  • City: Tigard
  • State: OR
  • Metro Area: Portland-Vancouver-Hillsboro, OR-WA
  • County Name: WASHINGTON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $606,034
  • Average Home Price (Single Family Homes): $623,021
  • Average Monthly Rental Price (All Types): $1,794
  • Price-to-Rent Ratio: 28
  • Zillow Projected % appreciation from 4/2023-4/2024: -1%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,850
  • Average 3 Bedroom Section 8 Rental Rates: $2,590
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 27.3
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 19.5
  • Number of Units Offered in Section 8 in the County: 926
  • Number of Occupied Units in Section 8 in the County: 876
  • Percentage of Section 8 Units Occupied in the County: 94.59999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 341.5
  • Total % Appreciation since 2000 (Government Data): 170.86
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.08%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.37%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.28%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.82%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 91.23%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.15%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 130.41%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.67%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.64%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%