Portland home values (September 2026)
The typical home in the Portland, OR metro is worth $539,403, -0.2% over the last 12 months. Updated monthly from Zillow Research data.
- Typical value
- $539,403
- 1-year change
- -0.2%
- 5-year change
- +5.7%
- 10-year change
- +53.1%
Where Portland stands
- #16 most expensive of the 100 largest U.S. metros; #74 by 1-year price growth.
- 5% below its peak of $568,029 in June 2022.
Home equity in Portland
At an 85% combined loan-to-value cap, a typical $539,403 home supports up to $458,492 of total borrowing. With a typical mortgage still owed, about $156,427 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.
Compare nearby metros
- Salt Lake City, UT — $558,850 (+1.1% 1-yr)
- Denver, CO — $555,487 (-1.8% 1-yr)
- Provo, UT — $538,775 (+1.4% 1-yr)
- Providence, RI — $522,248 (+3.6% 1-yr)
Frequently asked questions
What is the typical home value in Portland?
The typical home in the Portland, OR metro area is worth about $539,403 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #16 of the 100 largest U.S. metros.
Are home prices in Portland going up or down?
Over the past 12 months the typical value changed -0.2% (#74 of 100 large metros by 1-year growth). Over 5 years it changed +5.7%, and over 10 years +53.1%. Values are 5% below the peak of $568,029 set in June 2022.
How much home equity could a Portland homeowner borrow against?
Lenders typically cap combined loan-to-value at about 85%. On a typical $539,403 home that's $458,492 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $156,427 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.
Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.