Portland home prices (US$/m²): returns since 2012
Portland home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Portland real estate kept up.
Portland is a mid-to-upper-tier Pacific Northwest market that grew quickly through the 2010s as it drew residents priced out of larger West Coast metros, drawn by a comparatively lower cost of living and a distinct urban character. Its economy mixes technology, manufacturing and a strong creative and small-business base. Prices rose substantially over the decade, slowed by the urban growth boundary that limits sprawl and tightens supply. It fell during the 2008 downturn and recovered over the following years, settling well below neighboring Seattle and the California coast in price.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | 1% |
| 5 years | 5% |
| 10 years | 39% |
Largest historical drop: -16% · annual volatility: 9% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
All pages
Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.