SIALIMStatistical Intelligence for America's Local Investment Markets

98651Underwood, WA Home Values

Typical home value $848,767 as of June 2026 · 3rd of 120 in Portland-Vancouver-Hillsboro, OR-WA

Typical value — June 2026
$848,767
observed, not a forecast
Past 12 months
-2.1%
trailing year-over-year change
Past 5 years
+13.9%
June 2021 to June 2026
Rank in metro
3rd
of 120 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 98651, June 2021 to June 2026. This page shows observed data only; no forecast.

How 98651 compares in the Portland-Vancouver-Hillsboro, OR-WA area

ZIP code 98651 (Underwood, WA) has a typical home value of $848,767 as of June 2026, ranking 3rd of 120 ZIP codes tracked in the Portland-Vancouver-Hillsboro, OR-WA area, more expensive than about 98% of ZIP codes in the metro. Prices here have moved -2.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +13.9%, from $745,055 in June 2021 to $848,767 in June 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Portland-Vancouver-Hillsboro, OR-WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Portland.

Population and demographics

ZIP code 98651 has a population of 935, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.5% White, 3.2% two or more races, and 2.3% Hispanic or Latino.

Nearby public schools

SchoolAddressDistance
Pacific Crest Innovation Academy1142 Jessup rd, cook, WA3.4 mi
Mill A Elementary School1142 JESSUP ROAD, COOK, WA3.4 mi
Hood River Middle School1602 May St, Hood River, OR3.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 98651?

$848,767 as of June 2026, the latest month Zillow has published observed data for.

Is 98651 an expensive ZIP code in the Portland-Vancouver-Hillsboro, OR-WA area?

98651 ranks 3rd of 120 ZIP codes in the Portland-Vancouver-Hillsboro, OR-WA area by typical home value, more expensive than about 98% of ZIP codes in the metro.

How much have home values in 98651 changed over the past year?

-2.1% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 98651?

935, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 98651?

Pacific Crest Innovation Academy (3.4 mi), Mill A Elementary School (3.4 mi), Hood River Middle School (3.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 98651?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Portland-Vancouver-Hillsboro, OR-WA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.