97116, Forest Grove, OR Housing Market

ZIP code 97116's median home value is $529K, up 0.2% over the past year. Homes here sell in a median 48 days. Its PropertyIQ Score of 10 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

97116, Forest Grove, OR is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 97116 compares to the OR state average and identifying outperformance potential before it appears in price data.

Pacific Coast ZIP codes feature extreme price variation from coastal enclaves to inland communities, often within the same city. PropertyIQ scores at the ZIP level reveal neighborhood-specific opportunities that are completely masked when analyzing broader metro or county areas. Within the Pacific, ZIP code 97116's PropertyIQ Score of 10 runs below the Pacific norm.

The PropertyIQ Score for 97116, Forest Grove, OR is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 97116, Forest Grove, OR's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.