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 EstateStatistics & 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
For Sale
$125,000
Main St
Symmes Twp, OH 45242
Listing Courtesy of: Andrew Homan - Coldwell Banker Realty 513-321-9944 513-321-9944
For Sale
$225,000
Union Cemetery Road
Symmes Twp, OH 45140
Listing Courtesy of: Andrea DeStefano - Sibcy Cline Montgomery 513-793-2700 513-793-2700
For Sale
$900,000
Lebanon Road
Symmes Twp, OH 45241
Listing Courtesy of: Debra Wright - RE/MAX Preferred Group 513-271-1600 513-271-1600
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 |
