According to data from the Zillow Home Value Index , Oregon’s real estate market continues to evolve with fascinating patterns emerging across its most affordable neighborhoods. You’ll find that many of Oregon’s budget-friendly areas have experienced remarkable growth over the past 15 years, with some neighborhoods nearly tripling in value despite remaining relatively affordable compared to the state’s more expensive regions.
You might be surprised to discover that Portland, despite its reputation for high housing costs, contains several of the state’s most affordable neighborhoods, including the very least expensive area in Oregon. Salem and Albany also feature prominently in this list, with multiple neighborhoods offering housing values well below the state average while showing impressive long-term appreciation that could benefit investors and first-time homebuyers alike…