Zip Code: 97233 (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 97233 Zip Code (Portland, Oregon) in February 2026 was $397,423.588. The month over month percentage change (MoM) was 0.17%, and the year over year percentage change (YoY) was 0.55%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97233 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 97233 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: 97233 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97233 (Portland, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 190686.0165168302 1.09 11.20
Feb 2015 192715.09122978794 1.06 11.32
Mar 2015 194449.7730854958 0.90 11.20
Apr 2015 196464.0379231947 1.04 11.15
May 2015 198373.47582961063 0.97 10.90
Jun 2015 200333.34952285222 0.99 11.01
Jul 2015 202580.0660416536 1.12 11.53
Aug 2015 205596.38278332617 1.49 12.52
Sep 2015 209035.4657441137 1.67 13.62
Oct 2015 212601.49205916037 1.71 14.79
Nov 2015 215952.9038336424 1.58 15.67
Dec 2015 219705.84339240307 1.74 16.47
Jan 2016 223412.6134966746 1.69 17.16
Feb 2016 226900.3285512895 1.56 17.74
Mar 2016 230029.9816574559 1.38 18.30
Apr 2016 233477.83573085486 1.50 18.84
May 2016 237254.04846414446 1.62 19.60
Jun 2016 240933.54489665435 1.55 20.27
Jul 2016 244176.48944915723 1.35 20.53
Aug 2016 246847.46200998407 1.09 20.06
Sep 2016 248899.4666668755 0.83 19.07
Oct 2016 250769.98371190554 0.75 17.95
Nov 2016 252824.59476688772 0.82 17.07
Dec 2016 255303.87666011203 0.98 16.20
Jan 2017 257674.68015409147 0.93 15.34
Feb 2017 260253.97336998823 1.00 14.70
Mar 2017 263174.51890310826 1.12 14.41
Apr 2017 266136.84159158537 1.13 13.99
May 2017 268659.0285651748 0.95 13.24
Jun 2017 270797.244938482 0.80 12.40
Jul 2017 272424.5472743515 0.60 11.57
Aug 2017 273765.2509034825 0.49 10.91
Sep 2017 274793.58931229735 0.38 10.40
Oct 2017 275830.2943573738 0.38 9.99
Nov 2017 277351.29312424915 0.55 9.70
Dec 2017 279223.65043317556 0.68 9.37
Jan 2018 281612.62133543094 0.86 9.29
Feb 2018 284130.9619149591 0.89 9.17
Mar 2018 287014.68792040995 1.01 9.06
Apr 2018 289667.37985215895 0.92 8.84
May 2018 291556.14800895157 0.65 8.52
Jun 2018 292136.62169561675 0.20 7.88
Jul 2018 292377.13120152615 0.08 7.32
Aug 2018 292484.8078340907 0.04 6.84
Sep 2018 292643.8703503684 0.05 6.50
Oct 2018 292589.66981607326 -0.02 6.08
Nov 2018 292624.38157581445 0.01 5.51
Dec 2018 293412.9363691075 0.27 5.08
Jan 2019 295043.2540036505 0.56 4.77
Feb 2019 297422.57123571035 0.81 4.68
Mar 2019 299816.74775524624 0.81 4.46
Apr 2019 301487.37275375385 0.56 4.08
May 2019 302101.3722808528 0.20 3.62
Jun 2019 302164.62785874266 0.02 3.43
Jul 2019 301852.96890223434 -0.10 3.24
Aug 2019 301979.57748859073 0.04 3.25
Sep 2019 302284.0630170117 0.10 3.29
Oct 2019 303241.0430788204 0.32 3.64
Nov 2019 304665.4945397551 0.47 4.12
Dec 2019 306739.41348029586 0.68 4.54
Jan 2020 309129.1833191888 0.78 4.77
Feb 2020 311480.20334190683 0.76 4.73
Mar 2020 313748.5459799846 0.73 4.65
Apr 2020 315693.2750048872 0.62 4.71
May 2020 316396.76681255276 0.22 4.73
Jun 2020 316268.1045859643 -0.04 4.67
Jul 2020 316342.10339730623 0.02 4.80
Aug 2020 318159.5711924009 0.57 5.36
Sep 2020 321953.6210299191 1.19 6.51
Oct 2020 327436.34788428864 1.70 7.98
Nov 2020 334221.33944207995 2.07 9.70
Dec 2020 341219.7328196846 2.09 11.24
Jan 2021 347760.1625975452 1.92 12.50
Feb 2021 354329.5615690916 1.89 13.76
Mar 2021 361028.80705508497 1.89 15.07
Apr 2021 367584.0954560518 1.82 16.44
May 2021 373263.8975024127 1.55 17.97
Jun 2021 378227.62512165797 1.33 19.59
Jul 2021 382580.7794867184 1.15 20.94
Aug 2021 385532.20801698155 0.77 21.18
Sep 2021 387681.0850733709 0.56 20.42
Oct 2021 389358.61204266484 0.43 18.91
Nov 2021 391683.82317106146 0.60 17.19
Dec 2021 394333.80128111434 0.68 15.57
Jan 2022 398047.13649821124 0.94 14.46
Feb 2022 402753.26005435846 1.18 13.67
Mar 2022 407964.0048977188 1.29 13.00
Apr 2022 413085.41080466355 1.25 12.38
May 2022 417130.61799280084 0.98 11.75
Jun 2022 419171.6354525119 0.49 10.83
Jul 2022 417701.84032398375 -0.35 9.18
Aug 2022 413335.34384030994 -1.04 7.21
Sep 2022 407476.28242437687 -1.42 5.11
Oct 2022 402683.71458488173 -1.18 3.42
Nov 2022 398900.2193236752 -0.94 1.84
Dec 2022 395654.20070648735 -0.81 0.34
Jan 2023 392000.86963799206 -0.92 -1.52
Feb 2023 389080.14383849193 -0.74 -3.39
Mar 2023 387567.9568863619 -0.39 -5.00
Apr 2023 387477.94821398327 -0.02 -6.20
May 2023 388064.96483974165 0.15 -6.97
Jun 2023 389118.9668451357 0.27 -7.17
Jul 2023 390136.9166772782 0.26 -6.60
Aug 2023 390938.5811978378 0.21 -5.42
Sep 2023 390811.5642701681 -0.03 -4.09
Oct 2023 390057.8876849601 -0.19 -3.13
Nov 2023 388958.6021964895 -0.28 -2.49
Dec 2023 388276.1034545156 -0.17 -1.86
Jan 2024 388401.78452747496 0.03 -0.92
Feb 2024 388762.6268055511 0.09 -0.08
Mar 2024 389558.32977452106 0.21 0.51
Apr 2024 390038.4155348153 0.12 0.66
May 2024 390557.7256279767 0.13 0.64
Jun 2024 390368.81372967834 -0.05 0.32
Jul 2024 390524.3525150113 0.04 0.10
Aug 2024 390688.4074852036 0.04 -0.06
Sep 2024 391160.2052758842 0.12 0.09
Oct 2024 391482.13035397785 0.08 0.37
Nov 2024 392417.61341879447 0.24 0.89
Dec 2024 393837.96260668134 0.36 1.43
Jan 2025 395091.33676234324 0.32 1.72
Feb 2025 395247.9972232252 0.04 1.67
Mar 2025 394084.37743146817 -0.29 1.16
Apr 2025 392903.09350654064 -0.30 0.73
May 2025 392076.4173593112 -0.21 0.39
Jun 2025 391941.4493299479 -0.03 0.40
Jul 2025 392617.3378167748 0.17 0.54
Aug 2025 393361.8613376349 0.19 0.68
Sep 2025 394215.03159395343 0.22 0.78
Oct 2025 394533.26205963525 0.08 0.78
Nov 2025 395037.1161764698 0.13 0.67
Dec 2025 395887.2816800413 0.22 0.52
Jan 2026 396731.72538636037 0.21 0.42
Feb 2026 397423.5883710614 0.17 0.55