Zip Code: 97229 (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 97229 Zip Code (Portland, Oregon) in February 2026 was $733,685.099. The month over month percentage change (MoM) was -0.16%, and the year over year percentage change (YoY) was -3.69%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97229 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 97229 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: 97229 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97229 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 443188.81669426523 0.90 6.83
Feb 2015 446807.03941956785 0.82 6.70
Mar 2015 449923.42488880205 0.70 6.74
Apr 2015 451749.3820853985 0.41 6.67
May 2015 453761.1679848015 0.45 6.74
Jun 2015 455745.47806939046 0.44 6.75
Jul 2015 457912.9744432198 0.48 6.70
Aug 2015 460399.7693425377 0.54 6.75
Sep 2015 463931.511791473 0.77 7.07
Oct 2015 468623.7626563141 1.01 7.81
Nov 2015 473655.8535868595 1.07 8.47
Dec 2015 478884.87400433264 1.10 9.03
Jan 2016 484449.8657165949 1.16 9.31
Feb 2016 489803.9512574873 1.11 9.62
Mar 2016 494662.0382862801 0.99 9.94
Apr 2016 499210.5148286147 0.92 10.51
May 2016 503719.7421319851 0.90 11.01
Jun 2016 507229.04962624266 0.70 11.30
Jul 2016 509591.5144202027 0.47 11.29
Aug 2016 510786.77073222684 0.24 10.94
Sep 2016 511341.6750017463 0.11 10.22
Oct 2016 512399.34057139605 0.21 9.34
Nov 2016 514689.98362838617 0.45 8.66
Dec 2016 518673.40938977554 0.77 8.31
Jan 2017 523051.32873599324 0.84 7.97
Feb 2017 527164.3439004725 0.79 7.63
Mar 2017 530329.6208162714 0.60 7.21
Apr 2017 532753.0332215214 0.46 6.72
May 2017 534099.998125193 0.25 6.03
Jun 2017 534915.8204471992 0.15 5.46
Jul 2017 534893.5173637791 0.00 4.97
Aug 2017 534364.6543502553 -0.10 4.62
Sep 2017 533646.3595209756 -0.13 4.36
Oct 2017 533225.2052952554 -0.08 4.06
Nov 2017 533568.0881348888 0.06 3.67
Dec 2017 535165.3066769844 0.30 3.18
Jan 2018 537801.7283376119 0.49 2.82
Feb 2018 540443.2098954682 0.49 2.52
Mar 2018 542539.4174228576 0.39 2.30
Apr 2018 543694.2202735426 0.21 2.05
May 2018 545033.3786831012 0.25 2.05
Jun 2018 545643.3925537596 0.11 2.01
Jul 2018 546893.9922175368 0.23 2.24
Aug 2018 548029.5233544074 0.21 2.56
Sep 2018 549284.1003849476 0.23 2.93
Oct 2018 549723.3746290536 0.08 3.09
Nov 2018 549501.7205111886 -0.04 2.99
Dec 2018 549811.9536486092 0.06 2.74
Jan 2019 551053.3388376582 0.23 2.46
Feb 2019 553044.3120027129 0.36 2.33
Mar 2019 554739.187680603 0.31 2.25
Apr 2019 555640.8972267571 0.16 2.20
May 2019 555704.5749463261 0.01 1.96
Jun 2019 555760.6180006185 0.01 1.85
Jul 2019 555248.7861215418 -0.09 1.53
Aug 2019 554839.2184929714 -0.07 1.24
Sep 2019 554310.5060829937 -0.09 0.92
Oct 2019 554561.327487786 0.05 0.88
Nov 2019 555660.2096988031 0.20 1.12
Dec 2019 557535.6198366383 0.34 1.41
Jan 2020 560353.6906819755 0.51 1.69
Feb 2020 563511.702334188 0.56 1.89
Mar 2020 566772.3107112827 0.58 2.17
Apr 2020 569231.938751066 0.43 2.45
May 2020 569774.563754843 0.10 2.53
Jun 2020 569515.4440313602 -0.04 2.48
Jul 2020 569275.1416880302 -0.04 2.53
Aug 2020 571479.7778330664 0.39 3.00
Sep 2020 576082.4622568291 0.81 3.93
Oct 2020 582528.4792924523 1.12 5.04
Nov 2020 589853.0827764504 1.26 6.15
Dec 2020 596794.172282115 1.18 7.04
Jan 2021 604097.0873746554 1.22 7.81
Feb 2021 612827.008636144 1.45 8.75
Mar 2021 623276.3215598414 1.71 9.97
Apr 2021 634577.0786637092 1.81 11.48
May 2021 645595.9304189448 1.74 13.31
Jun 2021 655631.4090519679 1.55 15.12
Jul 2021 664030.8099355167 1.28 16.65
Aug 2021 670337.2349473966 0.95 17.30
Sep 2021 675232.1679616744 0.73 17.21
Oct 2021 680427.9799698521 0.77 16.81
Nov 2021 686849.2545211745 0.94 16.44
Dec 2021 694782.8500494412 1.16 16.42
Jan 2022 705112.5666033629 1.49 16.72
Feb 2022 718901.2216283106 1.96 17.31
Mar 2022 736116.9600925181 2.40 18.10
Apr 2022 754239.2417505559 2.46 18.86
May 2022 769604.4369979777 2.04 19.21
Jun 2022 779528.7003850901 1.29 18.90
Jul 2022 780630.2056362565 0.14 17.56
Aug 2022 774406.8232108541 -0.80 15.53
Sep 2022 764481.2102880819 -1.28 13.22
Oct 2022 757302.1232192017 -0.94 11.30
Nov 2022 752830.3853098926 -0.59 9.61
Dec 2022 749478.0653948219 -0.44 7.87
Jan 2023 745613.4101061827 -0.52 5.74
Feb 2023 743592.505512756 -0.27 3.44
Mar 2023 742358.6681662147 -0.17 0.85
Apr 2023 744064.562184718 0.23 -1.35
May 2023 746890.3277061078 0.38 -2.95
Jun 2023 751362.7080378135 0.60 -3.61
Jul 2023 754633.7483484844 0.44 -3.33
Aug 2023 756466.366582787 0.24 -2.32
Sep 2023 758289.4958835812 0.24 -0.81
Oct 2023 759323.7799989679 0.14 0.27
Nov 2023 759149.9038575884 -0.02 0.84
Dec 2023 757733.2447775584 -0.19 1.10
Jan 2024 755966.010993654 -0.23 1.39
Feb 2024 755146.4606369677 -0.11 1.55
Mar 2024 756321.0914066229 0.16 1.88
Apr 2024 757874.1040732883 0.21 1.86
May 2024 758869.522093406 0.13 1.60
Jun 2024 757193.5951932425 -0.22 0.78
Jul 2024 755068.772729945 -0.28 0.06
Aug 2024 753436.4569881847 -0.22 -0.40
Sep 2024 753564.9971670705 0.02 -0.62
Oct 2024 755080.3854106009 0.20 -0.56
Nov 2024 757824.9814632679 0.36 -0.17
Dec 2024 760332.1248720299 0.33 0.34
Jan 2025 761744.5227567434 0.19 0.76
Feb 2025 761790.2394834916 0.01 0.88
Mar 2025 760009.6122758593 -0.23 0.49
Apr 2025 757338.1819741349 -0.35 -0.07
May 2025 752898.8460083589 -0.59 -0.79
Jun 2025 747810.2221740991 -0.68 -1.24
Jul 2025 742376.7086091373 -0.73 -1.68
Aug 2025 737577.6316149578 -0.65 -2.10
Sep 2025 734681.1195574319 -0.39 -2.51
Oct 2025 733824.6233959744 -0.12 -2.81
Nov 2025 734541.2894456139 0.10 -3.07
Dec 2025 734973.0598177727 0.06 -3.33
Jan 2026 734862.9110264868 -0.01 -3.53
Feb 2026 733685.0992521239 -0.16 -3.69