Zip Code: 97203 (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 97203 Zip Code (Portland, Oregon) in February 2026 was $446,501.568. The month over month percentage change (MoM) was 0.00%, and the year over year percentage change (YoY) was -2.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97203 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 97203 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: 97203 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97203 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 249534.07678671196 1.51 10.91
Feb 2015 253160.8082871849 1.45 11.45
Mar 2015 256041.52202494885 1.14 11.81
Apr 2015 258833.02555117288 1.09 12.18
May 2015 261895.88293210734 1.18 12.64
Jun 2015 265445.0235481591 1.36 13.49
Jul 2015 269424.21394369827 1.50 14.40
Aug 2015 273820.15742380486 1.63 15.58
Sep 2015 278976.56394611206 1.88 16.92
Oct 2015 284832.1973470477 2.10 18.54
Nov 2015 290572.38850514975 2.02 19.78
Dec 2015 296477.10839438613 2.03 20.60
Jan 2016 301978.7963810115 1.86 21.02
Feb 2016 307670.0085329882 1.89 21.53
Mar 2016 312746.23389022006 1.65 22.15
Apr 2016 318303.6989617447 1.78 22.98
May 2016 324126.7438348471 1.83 23.76
Jun 2016 329903.877412141 1.78 24.28
Jul 2016 334260.0388184432 1.32 24.07
Aug 2016 337541.6102986737 0.98 23.27
Sep 2016 339746.35613608354 0.65 21.78
Oct 2016 342331.1105595653 0.76 20.19
Nov 2016 344869.94268874655 0.74 18.69
Dec 2016 347809.07011049043 0.85 17.31
Jan 2017 350269.6678644169 0.71 15.99
Feb 2017 353163.3392863137 0.83 14.79
Mar 2017 356679.6290440034 1.00 14.05
Apr 2017 360248.7712369536 1.00 13.18
May 2017 362847.2338118741 0.72 11.95
Jun 2017 364270.48000046285 0.39 10.42
Jul 2017 364604.1140271062 0.09 9.08
Aug 2017 364537.98312546406 -0.02 8.00
Sep 2017 364142.03510206315 -0.11 7.18
Oct 2017 364166.9180152483 0.01 6.38
Nov 2017 364717.49149971345 0.15 5.76
Dec 2017 366037.4649099274 0.36 5.24
Jan 2018 367949.55809782515 0.52 5.05
Feb 2018 370236.448454458 0.62 4.83
Mar 2018 372781.4891402248 0.69 4.51
Apr 2018 374660.24723657407 0.50 4.00
May 2018 375379.15152118093 0.19 3.45
Jun 2018 374301.72261884226 -0.29 2.75
Jul 2018 372833.768033046 -0.39 2.26
Aug 2018 371143.0822269523 -0.45 1.81
Sep 2018 369994.13219060266 -0.31 1.61
Oct 2018 369321.0366038817 -0.18 1.42
Nov 2018 368936.7618915746 -0.10 1.16
Dec 2018 369229.97560017166 0.08 0.87
Jan 2019 369849.8211546026 0.17 0.52
Feb 2019 371400.5693477288 0.42 0.31
Mar 2019 372872.73169899615 0.40 0.02
Apr 2019 373649.9622809668 0.21 -0.27
May 2019 372980.0181931453 -0.18 -0.64
Jun 2019 371770.1989350564 -0.32 -0.68
Jul 2019 370191.79764702887 -0.42 -0.71
Aug 2019 369164.22578603594 -0.28 -0.53
Sep 2019 368800.6455537712 -0.10 -0.32
Oct 2019 369358.86865637096 0.15 0.01
Nov 2019 370847.99761304795 0.40 0.52
Dec 2019 373299.7111876833 0.66 1.10
Jan 2020 376740.6566643308 0.92 1.86
Feb 2020 379957.37259942613 0.85 2.30
Mar 2020 382902.5712295473 0.78 2.69
Apr 2020 384726.72130295 0.48 2.96
May 2020 384899.8647840449 0.05 3.20
Jun 2020 383573.0111215343 -0.34 3.18
Jul 2020 382857.59998824465 -0.19 3.42
Aug 2020 384782.8012595425 0.50 4.23
Sep 2020 389655.61872801854 1.27 5.66
Oct 2020 396384.79862699687 1.73 7.32
Nov 2020 403962.56879250816 1.91 8.93
Dec 2020 411258.2977537305 1.81 10.17
Jan 2021 417410.60767885344 1.50 10.80
Feb 2021 423591.9995788399 1.48 11.48
Mar 2021 430639.13039806247 1.66 12.47
Apr 2021 438152.3531108748 1.75 13.89
May 2021 445203.71608900715 1.61 15.67
Jun 2021 450519.4150193264 1.19 17.45
Jul 2021 454143.2013531974 0.80 18.62
Aug 2021 455799.3328447465 0.37 18.46
Sep 2021 456269.120993348 0.10 17.10
Oct 2021 456984.79641709384 0.16 15.29
Nov 2021 458584.3129850784 0.35 13.52
Dec 2021 461026.68302544305 0.53 12.10
Jan 2022 464657.80409100215 0.79 11.32
Feb 2022 469713.7301418225 1.09 10.89
Mar 2022 476460.6004241365 1.44 10.64
Apr 2022 483912.6208556518 1.56 10.44
May 2022 490335.0173376153 1.33 10.14
Jun 2022 493190.4309020576 0.58 9.47
Jul 2022 490538.87549947045 -0.54 8.01
Aug 2022 483479.67653625854 -1.44 6.07
Sep 2022 474827.9435432756 -1.79 4.07
Oct 2022 468216.17673597106 -1.39 2.46
Nov 2022 463452.9564537929 -1.02 1.06
Dec 2022 459902.1235986745 -0.77 -0.24
Jan 2023 455539.1499145338 -0.95 -1.96
Feb 2023 451691.77653474617 -0.84 -3.84
Mar 2023 449373.36456324207 -0.51 -5.68
Apr 2023 449233.95916282036 -0.03 -7.17
May 2023 450616.9960556857 0.31 -8.10
Jun 2023 452039.90870342706 0.32 -8.34
Jul 2023 453298.3362272238 0.28 -7.59
Aug 2023 453802.777828184 0.11 -6.14
Sep 2023 453733.03038498136 -0.01 -4.44
Oct 2023 452947.20805929095 -0.17 -3.26
Nov 2023 452060.27756806713 -0.20 -2.46
Dec 2023 451383.456162122 -0.15 -1.85
Jan 2024 451655.5767945819 0.06 -0.85
Feb 2024 452009.48327557667 0.08 0.07
Mar 2024 452532.5967288615 0.12 0.70
Apr 2024 452215.04627143266 -0.07 0.66
May 2024 451831.41880876856 -0.08 0.27
Jun 2024 450883.6432417493 -0.21 -0.26
Jul 2024 450658.80612072 -0.05 -0.58
Aug 2024 450496.18327317765 -0.04 -0.73
Sep 2024 451027.6344939081 0.12 -0.60
Oct 2024 451842.54150946887 0.18 -0.24
Nov 2024 453346.72970938915 0.33 0.28
Dec 2024 455227.11605192086 0.42 0.85
Jan 2025 456478.45574862004 0.28 1.07
Feb 2025 456218.4025663087 -0.06 0.93
Mar 2025 453858.09972133115 -0.52 0.29
Apr 2025 450584.69051299145 -0.72 -0.36
May 2025 447477.9928864734 -0.69 -0.96
Jun 2025 445632.69676223415 -0.41 -1.16
Jul 2025 444981.6401092774 -0.15 -1.26
Aug 2025 444804.8177270479 -0.04 -1.26
Sep 2025 444761.98048546136 -0.01 -1.39
Oct 2025 444655.0783466332 -0.02 -1.59
Nov 2025 445094.12231651973 0.10 -1.82
Dec 2025 445789.3370405703 0.16 -2.07
Jan 2026 446486.99364728015 0.16 -2.19
Feb 2026 446501.56803222274 0.00 -2.13