Southwest, OR Housing Market

$525,465

1.8% 1-yr

The average Southwest, OR home value is $525,465, up 1.8% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Southwest Key Takeaways

Typical Home Values: $525,465

1-year Value Change: +1.8%

(Data through September 30, 2025)

Southwest Housing Market Overview

--1-year Market Forecast

25For sale inventory(September 30, 2025)

8New listings(September 30, 2025)

--Median sale to list ratio

--Median sale price(August 31, 2025)

$566,616Median list price(September 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Pleasant Valley$546,229
Hollybrook$437,832
Centennial$424,646
Gresham Butte$565,770
Northwest$462,886
Historic Southeast$429,717
Central City$364,945
Pleasant Valley$554,192
Centennial$402,243

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Southwest Rental Market Trends

--Average rent in Southwest

$1,979National average rent(September 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.