Investor-grade market analytics for Portland-Vancouver-Hillsboro, Oregon. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$535,732
-1.3% year-over-year
4.0%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 7% nationally
In-migrants avg $79,328 AGI vs out-migrants $93,445
Opportunity Zone Market
43 ZIP codes in Portland-Vancouver-Hillsboro are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
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 (+852 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.
12-month projection (Zillow ZHVF model)
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
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.