Portland - OR vs Jacksonville - FL: 2026 Housing Comparison

What this means for buyers

Portland - OR is roughly 54% more expensive than Jacksonville - FL in typical home value. Homes sit on market longer in Jacksonville - FL (49 days vs 23), suggesting more buyer leverage there.

Portland vs Jacksonville: what the numbers say

At today's 7.40% average 30-year rate with 20% down, the typical home would cost about $2,988 a month in principal and interest in Portland and $1,942 in Jacksonville, a gap of $1,046 a month.

Typical rent runs $1,803 in Portland and $1,680 in Jacksonville, so the mortgage payment alone is 1.7 times rent in Portland and 1.2 times rent in Jacksonville, before taxes and insurance.

Home prices are 24.9 years of rent in Portland and 17.4 in Jacksonville; the lower ratio in Jacksonville means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -1.4% in Portland and -3.3% in Jacksonville; over just the last three months the change was +0.3% in Portland and +0.1% in Jacksonville.

Homes sell for 99.7% of list price in Portland and 96.8% in Jacksonville, after 23 and 49 days on the market, with price cuts on 32% and 29% of listings. The signs are mixed: Portland has more price cuts, while Jacksonville has longer time on the market and sales further below list.

The number of homes for sale is up 3% on a year ago in Portland and down 13% on a year ago in Jacksonville.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-15), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.