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Forest Grove, OR 97116 Real Estate & Property Data

Forest Grove, OR 97116 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 301 residential properties have been sold over the past 12 months in 97116. With a median sales price of $510,000 in 97116 and a total of 2 foreclosures in Forest Grove, OR 97116. Discover market trends and get the granular level real estate data for Forest Grove, OR 97116 to keep your pulse on the housing market. Curate compelling home reports for Forest Grove, OR 97116 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Forest Grove, OR 97116 Real Estate Market Trends

Get property data for any address in Forest Grove, OR 97116 or the country:

Total Residential Properties 7,515

Total Commercial Properties 704

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,961

Total 2024 Residential Sales (year-to-date) 40

% of Homes Seriously Underwater (Q2 2024) 0.38%

Total 2023 Residential Sales 274

% of Equity Rich Homes (Q2 2024) 38.61%

Effective 2023 Property Tax 0.83%

Total Foreclosure Filings (year-to-date) 4

Forest Grove, OR 97116 Real Estate Overview

There were 301 residential properties sold in the past year in Forest Grove, OR 97116. The median home value in Forest Grove, OR 97116 is $512,891. There are a total of 7,515 residential properties in the 97116.

Median Sales Price i

$510,000

(Feb 2024)

-10.4%

year-over-year

y-o-y

February '24 Feb '24 $510,000
January '24 Jan '24 $525,000
December '23 Dec '23 $555,650
November '23 Nov '23 $640,000
October '23 Oct '23 $485,000
September '23 Sep '23 $590,000
August '23 Aug '23 $554,000
July '23 Jul '23 $519,000
June '23 Jun '23 $602,900
May '23 May '23 $514,450
April '23 Apr '23 $615,000
March '23 Mar '23 $544,900

Median Down Payment i

$38,000

(Feb 2024)

-48.6%

year-over-year

y-o-y

February '24 Feb '24 $38,000
January '24 Jan '24 $87,500
December '23 Dec '23 $40,000
November '23 Nov '23 $163,411
October '23 Oct '23 $78,750
September '23 Sep '23 $107,998
August '23 Aug '23 $66,760
July '23 Jul '23 $27,750
June '23 Jun '23 $85,167
May '23 May '23 $110,780
April '23 Apr '23 $114,000
March '23 Mar '23 $73,490

Number of Homes Sold i

27

(Feb 2024)

+42.1%

year-over-year

y-o-y

February '24 Feb '24 27
January '24 Jan '24 13
December '23 Dec '23 19
November '23 Nov '23 10
October '23 Oct '23 21
September '23 Sep '23 34
August '23 Aug '23 30
July '23 Jul '23 35
June '23 Jun '23 20
May '23 May '23 25
April '23 Apr '23 27
March '23 Mar '23 21

Number of Purchase Loans i

17

(Feb 2024)

-22.7%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 13
December '23 Dec '23 22
November '23 Nov '23 11
October '23 Oct '23 28
September '23 Sep '23 30
August '23 Aug '23 32
July '23 Jul '23 33
June '23 Jun '23 24
May '23 May '23 26
April '23 Apr '23 24
March '23 Mar '23 29

Number of REFI Loans i

9

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 9
December '23 Dec '23 8
November '23 Nov '23 3
October '23 Oct '23 9
September '23 Sep '23 9
August '23 Aug '23 9
July '23 Jul '23 8
June '23 Jun '23 14
May '23 May '23 14
April '23 Apr '23 10
March '23 Mar '23 6

Number of HELOC Loans i

6

(Feb 2024)

-45.5%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 5
December '23 Dec '23 9
November '23 Nov '23 14
October '23 Oct '23 10
September '23 Sep '23 13
August '23 Aug '23 10
July '23 Jul '23 17
June '23 Jun '23 20
May '23 May '23 9
April '23 Apr '23 17
March '23 Mar '23 14

Forest Grove, OR 97116 Real Estate Market Overview

Last 30 days

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Forest Grove, OR 97116 Foreclosure Activity

There were a total of 2 Forest Grove, OR 97116 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 3
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 2

Foreclosure Starts i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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