Portland-Vancouver-Hillsboro Metro Area, OR Housing

The housing market in the Portland-Vancouver-Hillsboro, OR Metro Area is strong, with a median value of $514,100 compared to the US median house value of $338,100. Over the last year, house values have appreciated by 7.56%, which is slightly lower than the national average of 8.27%. Although appreciation has been slightly slower in this area than other parts of the country, it still remains an attractive and viable option for potential home buyers looking to invest in this region.

The median home cost in Portland-Vancouver-Hillsboro Metro Area is $514,100. Home appreciation the last 10 years has been 138.6%. Home Appreciation in Portland-Vancouver-Hillsboro Metro Area is up 10.9%.

Average Age of Homes

- The median age of Portland-Vancouver-Hillsboro Metro Area real estate is 37 years old

The Rental Market in Portland-Vancouver-Hillsboro Metro Area

- Renters make up 36.8% of the Portland-Vancouver-Hillsboro Metro Area population
- 1.4% of houses and apartments in Portland-Vancouver-Hillsboro Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Portland-Vancouver-Hillsboro, Oregon	United States
	1,021,756.0	139,647,020.0
	39	42
	$514,100	$338,100
	10.9%	16.6%
	50.4%	57.0%
	138.6%	101.1%
	$9.74	$10.98
	$4,064	$2,690
	59.4%	57.4%
	4.9%	11.2%
	35.8%	31.4%
Vacant Housing
	1.4%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.1%	2.4%
	0.8%	2.8%
	0.5%	3.9%
	0.4%	4.5%
	1.3%	11.3%
	2.4%	13.0%
	12.4%	20.1%
	25.2%	13.6%
	21.3%	8.3%
	23.2%	9.7%
	6.5%	3.9%
	2.2%	2.2%
	0.6%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.0%	13.6%
	14.0%	13.6%
	17.3%	13.6%
	11.3%	13.2%
	16.7%	14.8%
	17.3%	13.6%
	6.9%	10.0%
	4.5%	4.7%
	11.7%	12.2%