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Forest Grove, OR 97116 Multi-family Properties For Sale

The median home value in Forest Grove, OR 97116 is $514,100. This is lower than the county median home value of $545,400. The national median home value is $338,100. The average price of homes sold in Forest Grove, OR 97116 is $514,100. Approximately 61.70% of Forest Grove, OR 97116 homes are owned, compared to 34.15% rented, while 4.15% are vacant. Forest Grove, OR 97116 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Forest Grove, OR 97116 real estate agent to arrange a tour today!

Learn More About Forest Grove, OR 97116 Real Estate

Statistics & facts

26,187 Population
$514K Medium Home Value
10,070 # of Households
4.15% Housing Vacancy
40.76% Future Job Growth
2.40% Unemployment Rate

Andrea Conner, License 102111, Xome Inc., License 19633, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) nor Xome shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2025 Sumter Board of REALTORS®. All rights reserved.


Population

Forest Grove, OR 97116 has a population of approximately 26,187 and experiences a population change rate of 24.79%. The population density is 362.7 / sq mi.

Household

The median household income for Forest Grove, OR 97116 is $76,610, with 10,070 households and an average household size of 2.76.

Cost of Living

The cost of living index in Forest Grove, OR 97116 is 130.9%.

Home Value

The median value of a home in Forest Grove, OR 97116 is $514,100 with an appreciation rate of 13.1%. 61.7% of housing in the zip code is owned while 34.2% is rented.

Employment

The unemployment rate in Forest Grove, OR 97116 is 2.40%, and recent job growth is at -0.58%. Future job growth is projected at 40.76%.

Taxes

The sales tax rate in Forest Grove, OR 97116 is 0.00%, while the income tax rate is 8.75%.

Education

School expenditures in Forest Grove, OR 97116 are $19,904, and the school ratio is 18.2:1.

Weather

The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 42.3 inches per year, with 3.5 inches of snow per year.

Education near Forest Grove OR, 97116

Metric City County
High School Graduates 89.47 92.99
College Degree - 2 year 6.85 8.62
College Degree - 4 year 33.14 45.56
Graduate Degree 8.74 12.29
Expenditures per Student $19,904 $19,904
Students per Teacher 18.20 18.20

Elementary Schools near Forest Grove OR , 97116

School Grades Students P/T Ratio ZIP
Banks Elementary School KG - 05 434 19.2 97106
Cornelius Elementary School KG - 04 459 23.7 97113
Dilley Elementary School KG - 04 272 26.4 97116
Echo Shaw Elementary School KG - 04 367 22.3 97113
Fern Hill Elementary School KG - 04 360 19.4 97116
Forest Grove Community School 01 - 08 197 19.3 97116
Gaston Elementary School KG - 06 265 18 97119
Harvey Clarke Elementary School KG - 04 489 26.1 97116
Joseph Gale Elementary School KG - 04 349 22.8 97116

Middle Schools near Forest Grove OR , 97116

School Grades Students P/T Ratio ZIP
Banks Middle School 06 - 08 295 26.4 97106
Neil Armstrong Middle School 07 - 08 844 24.3 97116
Tom McCall Upper Elementary School 05 - 06 841 26.6 97116

High Schools near Forest Grove OR , 97116

School Grades Students P/T Ratio ZIP
Banks High School 09 - 12 377 21.4 97106
Forest Grove High School 09 - 12 1892 25.3 97116
Gaston Junior/Senior High School 07 - 12 295 17.4 97119

Ungraded Schools near Forest Grove OR , 97116

School Grades Students P/T Ratio ZIP
Oregon Virtual Education - West 06 - 12 11 1.5 97119

Top Zip Codes for real estate in Forest Grove