The typical home in Portland is listed at $495,000, -2.7% on a year earlier. Projected forward, a typical home would be worth about $482,000 in 2027 and $532,000 in 2031.
The first 2 years follow this year's change in list prices (-2.7%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+4.3% a year).
Portland home values by year
| Year | Typical home value | Annual change used |
|---|---|---|
| 2026 (now) | $495,000 | — |
| 2027 (projected) | $482,000 | -2.7% (this year's listings) |
| 2028 (projected) | $469,000 | -2.7% (this year's listings) |
| 2031 (projected) | $532,000 | +4.3% (FHFA 2020–2025) |
Homes for sale in these ZIP codes have been on the market a median of 56 days.
By ZIP code
| ZIP | Median list price | A year ago | Sale listings | FHFA trend 2020–2025 |
|---|---|---|---|---|
| 97206 | $450,000 | $455,000 | 289 | +3.7%/yr |
| 97202 | $599,900 | $620,000 | 202 | +3.6%/yr |
| 97219 | $627,500 | $659,000 | 375 | +4.6%/yr |
| 97236 | $399,000 | $400,000 | 210 | +5.2%/yr |
| 97233 | $398,000 | $399,000 | 170 | +5.2%/yr |
| 97266 | $399,000 | $410,000 | 225 | +4.0%/yr |
Read this with care
List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.
Source: RentCast market data for 6 of Portland's 25 ZIP codes (the most populous, home to 40% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
What will homes in Portland, OR be worth in 2027?
A typical $495,000 home would be worth about $482,000 in 2027. The first 2 years follow this year's change in list prices (-2.7%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+4.3% a year).
What is the typical home price in Portland, OR?
The typical list price is $495,000, across 1,471 active sale listings in 6 ZIP codes.
Are home prices in Portland going up or down?
Over the past year, list prices in these ZIP codes moved -2.7%. The longer FHFA trend from 2020 to 2025 is +4.3% a year.