Cities with the most expensive homes in the Portland, Oregon metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Portland, Oregon metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 79 cities and towns.

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#30. Gales Creek, OR

- Typical home value: $620,429
- 1-year price change: +2.4%
- 5-year price change: data not available

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#29. Yacolt, WA

- Typical home value: $620,833
- 1-year price change: +0.8%
- 5-year price change: +14.4%

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#28. Sherwood, OR

- Typical home value: $623,223
- 1-year price change: -1.8%
- 5-year price change: +8.2%

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#27. Wilsonville, OR

- Typical home value: $623,949
- 1-year price change: -1.3%
- 5-year price change: +10.9%

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#26. Garden Home-Whitford, OR

- Typical home value: $631,339
- 1-year price change: -0.1%
- 5-year price change: +8.8%

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#25. Tualatin, OR

- Typical home value: $631,967
- 1-year price change: -0.6%
- 5-year price change: +7.6%

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#24. Trout Lake, WA

- Typical home value: $632,506
- 1-year price change: -0.8%
- 5-year price change: +8.6%

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#23. Banks, OR

- Typical home value: $632,626
- 1-year price change: +0.5%
- 5-year price change: +8.6%

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#22. Washougal, WA

- Typical home value: $637,680
- 1-year price change: +1.1%
- 5-year price change: +15.0%

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#21. Warren, OR

- Typical home value: $638,822
- 1-year price change: +1.3%
- 5-year price change: +10.2%

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#20. Corbett, OR

- Typical home value: $653,031
- 1-year price change: +0.6%
- 5-year price change: +5.8%

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#19. La Center, WA

- Typical home value: $661,894
- 1-year price change: +0.6%
- 5-year price change: +14.3%

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#18. Colton, OR

- Typical home value: $662,058
- 1-year price change: +4.0%
- 5-year price change: +12.4%

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#17. Eagle Creek, OR

- Typical home value: $664,850
- 1-year price change: +1.2%
- 5-year price change: +11.9%

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#16. Ridgefield, WA

- Typical home value: $665,483
- 1-year price change: -0.3%
- 5-year price change: +12.9%

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#15. Damascus, OR

- Typical home value: $668,453
- 1-year price change: +0.3%
- 5-year price change: +8.4%

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#14. Gaston, OR

- Typical home value: $671,116
- 1-year price change: +1.0%
- 5-year price change: +11.3%

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#13. Happy Valley, OR

- Typical home value: $678,674
- 1-year price change: -0.3%
- 5-year price change: +8.4%

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#12. Amboy, WA

- Typical home value: $692,085
- 1-year price change: +0.5%
- 5-year price change: +15.2%

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#11. Mulino, OR

- Typical home value: $705,348
- 1-year price change: +3.1%
- 5-year price change: +12.8%

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#10. Boring, OR

- Typical home value: $723,936
- 1-year price change: +1.2%
- 5-year price change: +10.7%

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#9. Camas, WA

- Typical home value: $746,744
- 1-year price change: -0.4%
- 5-year price change: +14.7%

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#8. Beavercreek, OR

- Typical home value: $763,504
- 1-year price change: +3.5%
- 5-year price change: +14.4%

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#7. West Slope, OR

- Typical home value: $768,870
- 1-year price change: +0.6%
- 5-year price change: +12.7%

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#6. West Linn, OR

- Typical home value: $775,545
- 1-year price change: +1.5%
- 5-year price change: +15.5%

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#5. Underwood, WA

- Typical home value: $788,047
- 1-year price change: -0.6%
- 5-year price change: +12.3%

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#4. Durham, OR

- Typical home value: $799,751
- 1-year price change: +0.6%
- 5-year price change: +15.7%

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#3. Brush Prairie, WA

- Typical home value: $852,990
- 1-year price change: +0.3%
- 5-year price change: +11.8%

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#2. Lake Oswego, OR

- Typical home value: $884,631
- 1-year price change: +1.4%
- 5-year price change: +14.9%

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#1. Raleigh Hills, OR

- Typical home value: $918,294
- 1-year price change: +0.7%
- 5-year price change: +12.4%

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