3-digit ZIP regional index
Home appreciation in ZIP codes 970xxBeaverton, OR area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 970 changed +1.2% over the year to Q2 2026, compared with +1.6% for Oregon and +3.0% for the United States.
The region covers ZIP codes 97001–97089. Most of its 2010 population lived in Clackamas County (40%), Washington County (27%), Multnomah County (15%). Communities in the region include Gresham, Aloha, Lake Oswego, Oregon City, Tualatin. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.2%
- 5-year change
- +23.5%
- Since Q1 1995
- +325%
- National rank (1 year)
- 753rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 970 vs Oregon and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 970: 424.8
- Oregon: 447.6
- Portland-Vancouver-Hillsboro, OR-WA metro: 455.9
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 970 | OR | U.S. | Gap vs OR | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.2% | +1.6% | +3.0% | −0.5 pts | −1.8 pts |
| 3 years | +4.2% | +6.0% | +12.9% | −1.8 pts | −8.6 pts |
| 5 years | +23.5% | +23.8% | +41.3% | −0.3 pts | −17.8 pts |
| 10 years | +78.4% | +80.0% | +93.3% | −1.6 pts | −15.0 pts |
| Since Q1 1995 | +325% | +348% | +292% | −22.8 pts | +33.3 pts |
If you bought in ZIP3 970 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +312% | $1,237,191 |
| Q2 2000 | +227% | $980,934 |
| Q2 2005 | +139% | $716,858 |
| Q2 2010 | +130% | $691,010 |
| Q2 2015 | +99.1% | $597,398 |
| Q2 2020 | +41.6% | $424,881 |
| Q2 2021 | +23.5% | $370,582 |
| Q2 2023 | +4.2% | $312,728 |
| Q2 2025 | +1.2% | $303,580 |
How ZIP3 970 ranks
Over the past year ZIP3 970 ranks 753rd of 882 3-digit ZIP regions nationally and 7th of 10 in Oregon. Its one-year change is −1.8 pts versus the nation and −0.5 pts versus Oregon. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Oregon |
|---|---|---|
| 1 year | 753rd of 882 | 7th of 10 |
| 3 years | 840th of 882 | 9th of 10 |
| 5 years | 841st of 882 | 8th of 10 |
| 10 years | 620th of 882 | 9th of 10 |
| Since Q1 1995 | 218th of 879 | 6th of 10 |
Boom, bust, and recovery in ZIP3 970
ZIP3 970's index peaked in Q4 2007, fell 27.5% to its low in Q2 2012, and regained its peak in Q1 2016, about 8.2 years after the top. Today it sits +85.0% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 970 | Q4 2007 | Q2 2012 | -27.5% | Q1 2016 (8.2 yrs) | +85.0% |
| OR | Q2 2007 | Q2 2012 | -26.0% | Q1 2016 (8.8 yrs) | +87.0% |
| Metro | Q4 2007 | Q2 2012 | -24.9% | Q3 2015 (7.8 yrs) | +88.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 970's index has changed +91.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 970 after inflation | OR after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.6% | -2.1% | -2.4% | -0.8% |
| 3 years | +9.8% | -5.1% | -3.5% | -4.8% | +2.8% |
| 5 years | +24.0% | -0.4% | -0.1% | -2.3% | +13.9% |
| 10 years | +39.1% | +28.3% | +29.4% | +22.8% | +39.0% |
| Since Q1 1995 | +121% | +91.9% | +102% | +106% | +76.8% |
Estimate appreciation for a home in ZIP3 970
Regional estimate
$535,138
- Estimated gain
- $235,138
- Index change
- +78.38%
- Start index
- 238.15
- End index
- 424.81
ZIP3 970 (Beaverton, OR area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 972 · Portland, OR area | OR | +1.2% | +15.2% | +401% |
| 986 · Vancouver, WA area | WA | +2.0% | +31.1% | +339% |
| 971 · Hillsboro, OR area | OR | +1.9% | +28.3% | +348% |
| 973 · Salem, OR area | OR | +0.5% | +29.7% | +322% |
| 985 · Olympia, WA area | WA | +2.3% | +32.9% | +323% |
| 977 · Bend, OR area | OR | +0.7% | +29.7% | +457% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 424.81 |
| Q1 2026 | 422.59 |
| Q4 2025 | 420.34 |
| Q3 2025 | 419.33 |
| Q2 2025 | 419.80 |
| Q1 2025 | 415.18 |
| Q4 2024 | 412.41 |
| Q3 2024 | 413.94 |
| Q2 2024 | 416.01 |
| Q1 2024 | 402.64 |
| Q4 2023 | 399.45 |
| Q3 2023 | 407.86 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 970?
- Based on FHFA HPI® data for 3-digit ZIP region 970, the regional index changed +1.2% over the year to Q2 2026, +23.5% over five years, +78.4% over ten years, and +325% since Q1 1995.
- Is ZIP3 970 appreciating faster than Oregon and the U.S.?
- Over the past year the region's index +1.2% compares with +1.6% for Oregon and +3.0% for the U.S., a gap of −1.8 pts versus the nation. Over five years the gap versus the nation is −17.8 pts.
- Which ZIP codes are in 3-digit ZIP region 970?
- All ZIP codes that begin with 970. Census 2010 ZIP Code Tabulation Areas in this region run from 97001 to 97089 (60 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.