Worried About Home Values in Portland or Vancouver? Here is the Real Data.
Worried About Home Values in Portland or Vancouver? Here is the Real Data.
Despite sensational headlines, home values in the Portland-Vancouver metro are not crashing. While national prices saw a modest 2.1% rise in 2025, our local market has remained resilient. In fact, most Vancouver and Portland homeowners are sitting on nearly 49% equity growth from the last five years alone.
Are home prices falling in Portland and Vancouver in 2026?
No. While you may see headlines about "price drops," it is important to distinguish between asking prices and market value. Currently, about 49% of Portland listings have seen a price reduction—but this is a sign of realistic pricing returning to the market, not a collapse in value.
Local Value Trends vs. National Headlines
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Steady Growth: Forecasts for 2026 project a 1% to 3.5% increase in housing prices for the Portland-Hillsboro-Vancouver metro.
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The "Correction" Reality: In areas where prices spiked "too high, too fast" during the 2021 boom, we are seeing a healthy normalization. This is a "market reset" that actually makes it easier for you to sell and buy your next home.
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Resilient Equity: According to Zillow and FHFA data, 96% of homeowners still have more value in their homes than what they originally paid.
How much has my home value grown in the last 5 years?
If you feel like you are losing ground, zoom out. The Pacific Northwest has been one of the strongest regions for wealth building through real estate.
Estimated 5-Year Value Growth (2021–2026):
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National Average: ~49%
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Vancouver, WA Median: Currently hovering around $494,000 (up 3.5% year-over-year).
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Portland, OR Median: Currently hovering around $575,000.
Even if our local market saw a slight 1–2% dip (which is not currently the forecast), it would be easily absorbed by the massive double-digit gains most local homeowners have enjoyed since 2020.
Why is there so much "Price Drop" talk in the news?
The headlines are focused on Inventory Recovery. In 2026, we have roughly 9% more homes for sale than last year.
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More Choice = More Negotiation: Buyers have more "breathing room," which means sellers have to be more competitive with their initial list price.
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Normalization, Not Crisis: A "price drop" on a listing often just means the seller started too high. It doesn't mean the neighborhood's value is declining.
Bottom Line: Your Equity is Safe
Don't let national "doom and gloom" prevent you from making a move that is right for your family. The long-term trajectory for Vancouver and Portland real estate remains upward. As a Top 20% team with 20 years of local experience, we help you look past the headlines to see the actual equity you have available.
Curious about your home's actual "Market Value" in January 2026? Let’s connect for a professional equity assessment. We’ve helped over 1,000 people navigate these cycles, and we can help you too.
Lucido Global Team Portland / Vancouver Phone: 360.609.0226 Email: KenRosengren@LucidoGlobal.com
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