What are the most expensive neighborhoods in Portland, OR?

The neighborhoods with the highest median home values in Portland, OR include: Southwest Hills ($1,021,604), Arlington Heights ($1,018,560), Hillside ($1,008,194), Eastmoreland ($940,775), Alameda ($911,164).

What are the most affordable neighborhoods in Portland, OR?

The neighborhoods with the lowest median home values in Portland, OR include: Old Town-Chinatown ($220,700), Goose Hollow ($306,719), Downtown ($309,856), Hayden Island ($323,971), Bridgeton ($388,474).

Which Portland, OR neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Portland, OR include: Laurelhurst (4.5%), Irvington (4.3%), Arlington Heights (3.8%), Alameda (3.5%), Mount Tabor (2.9%).

Vernon, OR Housing Market

$588,646

0.7% 1-yr

The average Vernon, OR home value is $588,646, down 0.7% over the past year. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Vernon Key Takeaways

Typical Home Values: $588,646

1-Year Value Change: -0.7%

(Data through June 30, 2026)

Vernon Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 6 (June 30, 2026)

New Listings: 3 (June 30, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
King$572,702
Sabin$709,609
Woodlawn$516,316
Concordia$598,066
Alameda$911,164
Humboldt$543,928
Piedmont$519,671
Boise$550,146
Irvington$879,991

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Vernon Rental Market Trends

Average Rent: --

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.