How much is a home worth in ZIP code 97027?

The typical home in 97027 is worth $518,543, based on the Zillow Home Value Index.

Are home values rising in 97027?

Home values in 97027 are down 0.2% over the past year, and up 3.3% a year over five years.

What is the typical rent in 97027?

A typical home in 97027 rents for about $1,732 a month, a gross rental yield of 4.0%.

What is the property tax rate in 97027?

The effective property tax rate in 97027 is 0.9% — roughly $4,881 a year on a typical home.

ZIP code 97027 has a population of 12,347 and a median household income of $94,375.

HousingHandbookReference data

…

U.S. ZIP Code · OR97027

Clackamas County · Portland-Vancouver-Hillsboro, OR-WA

Typical home value

$518,543^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +3.3%
10-year / yr: +5.7%

Relative price

vs U.S.: +82.5%
vs metro: -5.4%
vs state: +12.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97027 is worth $518,543 — 5.4% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,732 a month — a 4.0% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,732^[2]
Gross yield: 4.0%^[2]
Cap rate: 2.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,881^[3]

#Climate risk

FEMA National Risk Index ratings for Clackamas County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 12,347^[3]
Median household income: $94,375^[3]

#Migration

Household moves in and out of Clackamas County over a year, from IRS tax-return data.

Net migration: -381^[5]
Moved in: 13,847
Moved out: 14,228

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 2
Middle: 1
High: 1

John Wetten Elementary School
Elementary · Grades 1–5 · Gladstone SD 115
588 students
Gladstone High School
High · Grades 9–12 · Gladstone SD 115
571 students
Walter L Kraxberger Middle School
Middle · Grades 6–8 · Gladstone SD 115
338 students
Gladstone Center for Children and Families
Elementary · Grades PK–K · Gladstone SD 115
97 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.0%

Net yield (after ~40% expenses)2.4%

Annual rent$20,782

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,622

Loan principal$414,835

Down payment$103,709

Total interest paid$529,099

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.00

Monthly cost to own$3,460

Monthly rent$1,732

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 61st percentile^[1]
Rental yield: 43rd percentile^[2]
Property tax: 78th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97027?: The typical home in 97027 is worth $518,543, based on the Zillow Home Value Index.
Are home values rising in 97027?: Home values in 97027 are down 0.2% over the past year, and up 3.3% a year over five years.
What is the typical rent in 97027?: A typical home in 97027 rents for about $1,732 a month, a gross rental yield of 4.0%.
What is the property tax rate in 97027?: The effective property tax rate in 97027 is 0.9% — roughly $4,881 a year on a typical home.
Who lives in 97027?: ZIP code 97027 has a population of 12,347 and a median household income of $94,375.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

97055 vs 97027 →
Mount Hood Villages CDP, OR
Typical home
$520,813
Gross yield
5.2%
97080 vs 97027 →
Gresham, OR
Typical home
$521,235
Gross yield
3.9%
97011
Mount Hood Villages CDP, OR
Typical home
$513,533
Gross yield
—
97123
Hillsboro, OR
Typical home
$527,100
Gross yield
5.0%
97116
Forest Grove, OR
Typical home
$528,956
Gross yield
3.8%
97217
Portland, OR
Typical home
$506,516
Gross yield
4.0%

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Pit ZIP 97027 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OR97027

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