Zip Code: 97201 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 97201 Zip Code (Portland, Oregon) in February 2026 was $432,080.572. The month over month percentage change (MoM) was -0.36%, and the year over year percentage change (YoY) was -5.25%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97201 zip code (Portland, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 97201 zip code (Portland, Oregon).

You can see similar information for other Oregon zip codes, and for Oregon.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 97201 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97201 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 413506.723783937 -0.07 6.94
Feb 2015 413398.7072301774 -0.03 5.28
Mar 2015 413508.6232031162 0.03 4.27
Apr 2015 415028.0012573469 0.37 3.71
May 2015 417045.49045083 0.49 3.99
Jun 2015 419031.3345196718 0.48 4.32
Jul 2015 421001.05437327997 0.47 4.76
Aug 2015 423459.5151197991 0.58 4.90
Sep 2015 427489.2239788783 0.95 5.05
Oct 2015 432830.33071703697 1.25 5.51
Nov 2015 438411.526140199 1.29 6.23
Dec 2015 444374.12862736004 1.36 7.39
Jan 2016 449996.68152512866 1.26 8.82
Feb 2016 455388.1026649661 1.20 10.16
Mar 2016 461017.8012443818 1.24 11.49
Apr 2016 467369.38996975013 1.38 12.61
May 2016 473462.80622535077 1.30 13.53
Jun 2016 477147.9334421296 0.78 13.87
Jul 2016 478437.42953699705 0.27 13.64
Aug 2016 478936.0209264031 0.10 13.10
Sep 2016 478936.16087577236 0.00 12.04
Oct 2016 479976.7123261914 0.22 10.89
Nov 2016 481372.8385561329 0.29 9.80
Dec 2016 484132.6126811507 0.57 8.95
Jan 2017 486602.5684405891 0.51 8.14
Feb 2017 488763.99338537146 0.44 7.33
Mar 2017 490572.7342662663 0.37 6.41
Apr 2017 492906.05718174623 0.48 5.46
May 2017 495098.09601253114 0.45 4.57
Jun 2017 497219.9968775098 0.43 4.21
Jul 2017 498257.3671784928 0.21 4.14
Aug 2017 498486.84507473884 0.05 4.08
Sep 2017 497363.0775048697 -0.22 3.85
Oct 2017 494928.7161647331 -0.49 3.12
Nov 2017 493150.81676011276 -0.36 2.45
Dec 2017 493651.56755035114 0.10 1.97
Jan 2018 496235.79336978565 0.52 1.98
Feb 2018 499318.7093248703 0.62 2.16
Mar 2018 501175.21600757836 0.37 2.16
Apr 2018 502068.493868536 0.18 1.86
May 2018 503288.1359957882 0.24 1.65
Jun 2018 503083.4079713771 -0.04 1.18
Jul 2018 502503.7408533357 -0.11 0.85
Aug 2018 499546.0428007128 -0.59 0.21
Sep 2018 496415.4854193789 -0.63 -0.19
Oct 2018 492304.8643679574 -0.83 -0.53
Nov 2018 489276.6979492512 -0.61 -0.79
Dec 2018 487066.4329486376 -0.45 -1.33
Jan 2019 486348.1486886846 -0.15 -1.99
Feb 2019 486025.9011513968 -0.07 -2.66
Mar 2019 486993.7718121808 0.20 -2.83
Apr 2019 487726.7175339417 0.15 -2.86
May 2019 488244.14967277925 0.11 -2.99
Jun 2019 487001.5656702329 -0.25 -3.20
Jul 2019 484797.734823988 -0.45 -3.52
Aug 2019 481590.2191491365 -0.66 -3.59
Sep 2019 478797.97607942595 -0.58 -3.55
Oct 2019 476238.64729199215 -0.53 -3.26
Nov 2019 474753.8637562695 -0.31 -2.97
Dec 2019 474289.9607809943 -0.10 -2.62
Jan 2020 475729.38427244965 0.30 -2.18
Feb 2020 477446.49517155276 0.36 -1.76
Mar 2020 479385.65753200854 0.41 -1.56
Apr 2020 481081.0950046219 0.35 -1.36
May 2020 482146.5811105938 0.22 -1.25
Jun 2020 481638.8307919937 -0.10 -1.10
Jul 2020 479856.13119627273 -0.37 -1.02
Aug 2020 479197.7053774693 -0.14 -0.50
Sep 2020 480758.07346204226 0.33 0.41
Oct 2020 483823.50942835695 0.64 1.59
Nov 2020 487291.5349261205 0.72 2.64
Dec 2020 490842.8050497756 0.73 3.49
Jan 2021 494360.02480364306 0.72 3.92
Feb 2021 497708.97273637337 0.68 4.24
Mar 2021 501682.30378987663 0.80 4.65
Apr 2021 505422.4984644604 0.75 5.06
May 2021 509301.2661798803 0.77 5.63
Jun 2021 510393.6343803648 0.21 5.97
Jul 2021 510518.56930170575 0.02 6.39
Aug 2021 509379.7052731875 -0.22 6.30
Sep 2021 509079.80776366795 -0.06 5.89
Oct 2021 509660.6870027056 0.11 5.34
Nov 2021 511245.20885956805 0.31 4.92
Dec 2021 513621.61443385197 0.47 4.64
Jan 2022 514776.32067558094 0.23 4.13
Feb 2022 515643.63645224896 0.17 3.60
Mar 2022 516776.36763240636 0.22 3.01
Apr 2022 519776.42394217965 0.58 2.84
May 2022 522367.8406082546 0.50 2.57
Jun 2022 522487.14320102107 0.02 2.37
Jul 2022 518583.0501821688 -0.75 1.58
Aug 2022 511943.5662682824 -1.28 0.50
Sep 2022 504322.4145011008 -1.49 -0.93
Oct 2022 498368.80450192554 -1.18 -2.22
Nov 2022 494095.17901055206 -0.86 -3.35
Dec 2022 490733.88926545996 -0.68 -4.46
Jan 2023 486492.5184269881 -0.86 -5.49
Feb 2023 482511.02858204464 -0.82 -6.42
Mar 2023 479519.0430361812 -0.62 -7.21
Apr 2023 478770.41750551417 -0.16 -7.89
May 2023 479545.142054071 0.16 -8.20
Jun 2023 481077.9419276042 0.32 -7.92
Jul 2023 481680.9932334363 0.13 -7.12
Aug 2023 480252.5253036632 -0.30 -6.19
Sep 2023 477147.3294615336 -0.65 -5.39
Oct 2023 473288.4700112212 -0.81 -5.03
Nov 2023 469769.9972771344 -0.74 -4.92
Dec 2023 466436.98842594656 -0.71 -4.95
Jan 2024 464142.2730711491 -0.49 -4.59
Feb 2024 462161.56702350854 -0.43 -4.22
Mar 2024 461529.5596985326 -0.14 -3.75
Apr 2024 461032.43987057504 -0.11 -3.70
May 2024 461415.486805882 0.08 -3.78
Jun 2024 460785.7780675443 -0.14 -4.22
Jul 2024 460254.50924080424 -0.11 -4.45
Aug 2024 458727.80858038337 -0.33 -4.48
Sep 2024 458215.8255017382 -0.11 -3.97
Oct 2024 457775.8788875228 -0.10 -3.28
Nov 2024 457712.9180855821 -0.01 -2.57
Dec 2024 457553.9114774975 -0.04 -1.90
Jan 2025 457043.163110053 -0.11 -1.53
Feb 2025 456034.5124275358 -0.22 -1.33
Mar 2025 453358.61837002373 -0.59 -1.77
Apr 2025 449815.5976207356 -0.78 -2.43
May 2025 445317.6690219108 -1.00 -3.49
Jun 2025 441020.4935811202 -0.96 -4.29
Jul 2025 436746.8374599354 -0.97 -5.11
Aug 2025 433483.55138110806 -0.75 -5.50
Sep 2025 431762.3803343119 -0.40 -5.77
Oct 2025 432750.37053589564 0.23 -5.47
Nov 2025 434187.84216238203 0.33 -5.14
Dec 2025 434731.9825485253 0.13 -4.99
Jan 2026 433644.82294199266 -0.25 -5.12
Feb 2026 432080.5718876868 -0.36 -5.25