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  • Writer's pictureSheryl Lyons

NAVIGATING HOME VALUES IN SE PORTLAND, OREGON: $440k to $456k 🏡📉



After annual increases and decreases from 2020 to 2022, SE Portland's November median home values have decreased by (6%) during the last year and are currently $456k.


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%. 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. When looking at the 5-year, 10-year, or 20-year annual appreciation graphs, the numbers average around the 4% to 6% benchmark.


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! 🏡🙋


Get Your FREE MONTHLY HOME VALUE REPORT 🏡

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SE Portland Home Values - November 2020 to November 2023

YTD Home Values Map - November 2023 - Portland, OR and the surrounding cities

Average Annual Appreciation Map - 2023 - Portland, OR and the surrounding cities

Average Annual Appreciation Map - 2019 to 2023 - Portland, OR and the surrounding cities

Average Annual Appreciation Map - 2013 to 2023 - Portland, OR and the surrounding cities

Average Annual Appreciation Map - 2003 to 2023 - Portland, OR and the surrounding cities



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