Average home prices are released yearly by Portland Monthly. While prices shown are an average, actual home prices can vary greatly across a neighborhood.

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University Park

Average Home Price: $495,077

Home to the University of Portland, the University Park neighborhood has been experiencing an influx of new residents as housing prices are still low enough to attract first-time buyers. Many of these newer residents have been making wonderful updates to their homes and yards, improving the neighborhood as a whole. Lombard is the main thoroughfare to get you to other parts of town. Homes along Willamette Blvd enjoy expansive river views, and the recent addition of a New Seasons made the area even more desirable.

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Tigard

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Average Home Price: $425,422

Tigard is a city in Washington Country, located south of Beaverton and north of Tualatin, and still considered part of the Portland metropolitan area. With an historic and revitalized downtown region, farmers market, and beautiful parks and trails, Tigard is a desirable, affordable community with easy access to Portland, Beaverton, and Hillsboro. Tigard Interstate 5 and Oregon Route 217 are the main freeway connectors to the city, with rail services provided by Trimet.

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Sunnyside

Average Home Price: $549,615

The Sunnyside neighborhood is a very popular area in southeast Portland – known to most as “Belmont”. Sunnyside is home to many locally owned coffee shops, markets, bars, shops, and restaurants. In particular, SE Belmont Street is a favorite destination for many locals. This area has a nice mix of urban diversity, with a funky feel and local color.

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St. Johns

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Average Home Price: $342,558

St. Johns officially became a Portland neighborhood nearly 100 years ago, but the area still feels like its own small town. Isolated from the rest of Portland by the Willamette River and railway yards, St Johns is largely self-sustaining with grocery stores, shops, and restaurants. Modest sized homes in the neighborhood are still affordable for those looking for starter homes.

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Piedmont

Average Home Price: $452,624

In the last few years, new homes have been built and older houses have been remodeled. New and younger homeowners moved in and have worked to develop this area as solid North Portland neighborhood. The MAX Yellow line is just a few blocks west and due to the proximity of I-5, a convenient commute to downtown Portland. Piedmont was Portland’s first subdivision and is coming into its own again. Piedmont is also home to the beautiful Peninsula Park and Rose Garden.

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Oregon City

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Average Home Price: $376,900

Just 15 miles from Downtown Portland and located on the Willamette River near the southern limits of the Portland metropolitan area, Oregon City is the county seat of Clackamas County. Established in 1829 by the Hudson’s Bay Company, in 1844 it became the first U.S. city west of the Rocky Mountains to be incorporated. During the 1840s and 1850s it was the destination for those wanting to file land claims as the last stop on the Oregon Trail. Today the center of the city retains part of its historic character through the preservation of houses and other buildings from the era of the city’s founding. The town is divided into upper and lower areas; the lower area is on a bench next to the Willamette River, and the upper area atop a bluff. As of the 2010 census, the city population was 31,859.

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Laurelhurst

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Average Home Price: $778,520

Laurelhurst is an historic neighborhood of beautiful and expansive vintage homes, not to mention the beautiful Laurelhurst Park. Streets that are not quite on a grid and stone markers flank the entrances to the area, both of which give the neighborhood a vibe of exclusivity. The area is considered one of Portland’s more desirable, with lovely, expensive homes. Laurelhurst, unlike adjacent Portland neighborhoods, is completely residential single-family homes.

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Irvington

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Average Home Price: $741,264

On its southern border along NE Broadway and Weidler Avenues, Irvington has a sizable strip of restaurants, bars, coffee houses, and shops, but apart from that, Irvington is primarily residential. The homes and yards are sprawling, meticulously cared for, and established tree lined streets. And on its east and west sit two large parks. This is a historic neighborhood and many of its beautiful houses are on the National Register of Historic Places.

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Humboldt

Average Home Price: $527,292

Humboldt is young, urban and hip and, as expected, the streets are lively with pedestrians and cyclists. A number of restaurants and bars make this neighborhood desirable to live in and visit. Humboldt provides easy access to downtown and to other popular surrounding neighborhoods. Portland Community College’s Cascade campus is also found in Humboldt.

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