top of page
  • Writer's pictureSheryl Lyons

13% INCREASE in NW PORTLAND HOME VALUES: $700k to $790k 🏡📈

NW Portland Median Home Values are $790k, representing a 13% increase from the $700k in December 2022. NW Portland Home Values have ranged wildly between December 2020 to 2023, but the average annual home value growth is 11%. This is great news for NW Portland homeowners and home sellers.

The Housing Market has been rocking and rolling for the previous few years in Portland, Oregon, and the surrounding cities of Hillsboro, Beaverton, Tigard, Lake Oswego, Milwaukie, Happy Valley, and Gresham, and negative or smaller appreciation is the equivalent of steadying the ship or bringing home values back within the appropriate growth ranges.

The average annual appreciation, or home value growth, should be approximately 4% to 6%. This is a quality return on investment. An annual appreciation of 18% is not the norm or sustainable, and negative or slower growth brings the average appreciation back within the benchmark. Anything above 4% to 6% is a fantastic gift but should not be expected or missed during a short-term market fluctuation. Real estate is a long-term investment; these highs and lows average over the years.

See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡🙋‍♀️


See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋




NW Portland Annual Home Value Growth - December 2020 to December 2023

NW Portland Home Values - December 2020 to December 2023

bottom of page