Portland Appraisal Blog

10/05/2026

Troutdale Housing Market Snapshot — 2025

Read the full snapshot:

Troutdale’s 2025 housing market generated more than $64 million in residential sales, with detached homes accounting for over 93% of all transactions. Affordability rose sharply; 35% of detac…

10/02/2026

Rates increased a whopping 25 basis points this week to 7.28%, establishing a new YTD high. A median‑priced Portland Region home ($580,000) now carries a $3,175 principal & interest monthly payment (assuming 20% down), up about $399 from February’s low. Lifetime interest has climbed to $678,908, and repricing all Q1 2026 detached sales at today’s rate adds $492 million in regional interest—roughly the cost of three major Portland affordable housing projects.

Full analysis in the new update:

At today’s 7.28% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $3,175, up from $2,776 at February’s …

09/25/2026

Rates increased 8 basis points this week, finally crossing over 7% to 7.03%—becoming the fourth consecutive YTD high. A median‑priced Portland Region home ($580,000) now carries a $3,096 monthly payment (assuming 20% down), up about $320 from February’s low. Lifetime interest has climbed to $650,689, and repricing all Q1 2026 detached sales at today’s rate adds $385 million in regional interest—roughly the cost of two major Portland infrastructure projects.

Full analysis in the new update:

At today’s 7.03% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $3,096, up from $2,776 at February’s …

09/20/2026

Rates increased an eye-watering 19 basis points this week to 6.95%, matching the YTD high. A median‑priced Portland Region home ($580,000) now carries a $3,071 monthly payment (assuming 20% down), up about $295 from February’s low. Lifetime interest has climbed to $641,718, and repricing all Q1 2026 detached sales at today’s rate adds $351 million in regional interest—roughly the cost of two major Portland infrastructure projects.

Full analysis in the new update:

At today’s 6.95% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $3,071, up from $2,776 at February’s …

09/05/2026

Rates increased 5 basis points this week to 6.71%, setting a new YTD high. A median‑priced Portland Region home ($580,000) now carries a $2,997 monthly principal and interest payment (assuming 20% down), up about $221 from February’s low. Lifetime interest has climbed to $614,981, and repricing all Q1 2026 detached sales at today’s rate adds $248.9 million in regional interest—roughly twice the cost of a major Portland affordable‑housing project.

Full analysis in the new update:

08/20/2026

Rates decreased 2 basis points this week to 6.65%, still near the highest levels of 2026. A median‑priced Portland Region home ($580,000) now carries a $2,979 monthly payment (assuming 20% down), up about $203 from February’s low. Lifetime interest has climbed to $608,338, and repricing all Q1 2026 detached sales at today’s rate adds $224 million in regional interest—more than the cost of a major Portland infrastructure project.

Full analysis in the new update:

At today’s 6.65% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $2,979, up from $2,776 at February’s …

08/14/2026

Rates decreased 2 basis points this week to 6.67%, now 2 basis points below the YTD high. A median‑priced Portland Region home ($580,000) now carries a $2,985 monthly payment (assuming 20% down), up about $209 from February’s low. Lifetime interest has climbed to $610,550, and repricing all Q1 2026 detached sales at today’s rate adds $232 million in regional interest—roughly the cost of a major Portland infrastructure project.

Full analysis in the new update:

At today’s 6.67% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $2,984, up from $2,776 at February’s …

08/06/2026

Rates increased 3 basis points this week to 6.69%, setting a new YTD high. A median‑priced Portland Region home ($580,000) now carries a $2,991 monthly payment (assuming 20% down), up about $215 from February’s low. Lifetime interest has climbed to $612,764, and repricing all Q1 2026 detached sales at today’s rate adds $240 million in regional interest—roughly the cost of a major Portland infrastructure project.

Full analysis in the new update:

At today’s 6.69% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $2,991, up from $2,776 at February’s …

07/30/2026

Rates increased 8 basis points this week to 6.66%, setting a new YTD high. A median‑priced Portland Region home ($580,000) now carries a $2,982 monthly principal and interest payment (assuming 20% down), up about $206 from February’s low. Lifetime interest has climbed to $609,444, and repricing all Q1 2026 detached sales at today’s rate adds $227.8 million in regional interest—roughly the cost of multiple large‑scale Portland housing or infrastructure projects.

Full analysis in the new update:

07/24/2026

Rates increased 3 basis points this week to 6.58%, setting a new year‑to‑date high. A median‑priced Portland Region home ($580,000) now carries a $2,957 monthly payment (assuming 20% down), up $181 from February’s low. Lifetime interest has climbed to $600,610, and repricing all Q1 2026 detached sales at today’s rate adds $194 million in regional interest—roughly the cost of a major Portland housing or infrastructure project.

Full analysis in the new update:

At today’s 6.58% mortgage rate, the monthly principal‑and‑interest payment on a Q1 2026 Portland Region median‑priced detached home ($580,000) with 20% down is $2,957, up from $2,776 at February’s …