Markets/Oregon/Portland-Vancouver-Hillsboro

Portland-Vancouver-Hillsboro, OR-WA Real Estate Market 2026

Investor-grade market analytics for Portland-Vancouver-Hillsboro, Oregon. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$535,732

-1.3% year-over-year

Est. Rental Yield

4.0%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Portland-Vancouver-Hillsboro Market Summary

Portland-Vancouver-Hillsboro, OR-WA is experiencing a correction with -1.3% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.66x, above the national average of 4.8x. Modest net positive migration (+1,226 returns/year) provides steady demand support. Climate risk is moderate (51/100) with manageable exposure. Rental yield of 3.98% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

Affordability Score62/100
Price-to-Income Ratio5.7x (national avg 4.8x)
Median Household Income$94,573

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Portland-Vancouver-Hillsboro, OR-WA's primary climate exposure is flooding (51/100). The composite climate risk score of 51/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Portland-Vancouver-Hillsboro dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Portland-Vancouver-Hillsboro Real Estate Market Data 2026 | Lotlytics | Lotlytics