Portland, OR Housing Market
$527,359
0.3% 1-yrThe average Portland, OR home value is $527,359, up 0.3% over the past year, and homes go to pending in around 17 days. (Updated on )
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.
Portland Key Takeaways
Typical Home Values: $527,359
1-Year Value Change: +0.3%
(Data through August 31, 2026)
Portland Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Portland Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Portland, OR?
The median home value in Portland, OR is $527,359 as of August 2026. This represents a 0.3% increase compared to last month and a 0.3% increase year-over-year.
How have home values changed in Portland, OR?
Home values in Portland, OR have increased by 0.3% month-over-month and 0.3% year-over-year.
How do home values in Portland, OR compare to Multnomah County, Oregon, and the national average?
The median home value in Portland, OR ($527,359) compares to: Multnomah County ($499,598), Oregon ($496,113), and the U.S. national median ($368,697).
