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  • Writer's pictureSheryl Lyons

HOME VALUES ON THE RISE in Portland, OR & the surrounding cities! ๐Ÿก๐Ÿ“ˆ



There's no disputing it; home values are on the rise in Portland, Oregon & the surrounding cities. As of May 2023, Lake Oswego, Tigard, and Milwaukie have risen above the negative in year-on-year home value.

Annual Appreciation Map - 2023 - Portland OR & surrounding cities

YTD Home Value Map - May 2023 - Portland OR & surrounding cities

Home Value Map - May 2023 - Portland OR & surrounding cities

The Housing Market has been rocking and rolling the previous few years, and the current negative appreciation in 9 out of the 12 locations is the equivalent of steadying the ship or bringing home values back within the appropriate growth ranges. The average annual appreciation (i.e., the increase in your home value) should be approximately 4% to 6%. An annual appreciation of 20% is not the norm or sustainable, and negative appreciation brings the average appreciation back within the benchmark. Let's prove this theory by looking at our appreciation maps.


In 2023, all locations but Tigard are below the benchmark.

Annual Appreciation Map - 2023 - Portland OR & surrounding cities

The 5-year average shows all locations within or above the benchmark.

5 Yr Annual Appreciation Map - 2019 to 2023 - Portland OR & surrounding cities

The 10-year average shows all locations within or above the benchmark.

10 Yr Annual Appreciation Map - 2013 to 2023 - Portland OR & surrounding cities

And the 20-year average shows all locations within the benchmark.

20 Yr Annual Appreciation Map - 2003 to 2023 - Portland OR & surrounding cities

Anything above 4% to 6% is a fantastic gift but should not be expected or missed during a short-term market fluctuation. This will be a fun trend to watch during 2023.


Get Your FREE HOME VALUE REPORT ๐Ÿก๐Ÿ“ˆ

๐Ÿ‘‰๐Ÿ‘‰ CLICK HERE



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