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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Arlington Heights

Average Home Price: $1,100,611

Arlington Heights is one of Portland’s most scenic neighborhoods and home to some of the city’s most famous parks, like the Japanese Garden and Washington Park. Located near downtown, the architectural styles range from Victorian cottage to the latest contemporary dwellings. Most homes feature beautiful gardens and spectacular views. This is an old neighborhood – most homes were built before 1939.

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Forest Park

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Average Home Price: $893,061

The Forest Park neighborhood is named because of its proximity to the 5,000 plus acre Forest Park, the southern portion of which lies within the neighborhood boundaries. Built along a ridge northwest of downtown and only a short distance from the Northwest District, this neighborhood combines rolling green pastures and views. Most of the neighborhood lies within unincorporated Multnomah County.

Hillside

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Average Home Price: $834,785

The Hillside neighborhood (sometimes called King’s Heights) is located on a portion of the Tualatin Mountains that overlook downtown Portland. Most of the homes on the steep, winding streets are large older homes built on smaller lots and many offer views of the city or mountains. Some condominium complexes have been built in recent years. This is expensive real estate and most homes are in the million and above range. Architectural styles range from English Tudor, Queen Ann Victorian, Colonial, to Foursquare.

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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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Eastmoreland

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Average Home Price: $756,770

Eastmoreland is a beautiful, established neighborhood with lovely traditional, upscale homes primarily built in the 1920s and 1930s. The homes are generally expansive and meticulously cared for. Filled with mature tree lined streets and lush landscaping, the beautiful Reed College campus borders Eastmoreland to the north. This neighborhood is home to Crystal Springs Rhododendron Garden and the Eastmoreland Golf Course.

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Grant Park

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Average Home Price: $712,534

Grant Park has a family-friendly feel made up of comfortable homes on quiet, residential streets. Here you’ll find classic style homes ranging from Craftsman and Cottage, to Cape Cod and Bungalows. Grant Park features mature trees, sports facilities, a playground, and an off-leash dog area is the social center of the neighborhood.

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Northwest Heights

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Average Home Price: $700,323

Northwest Heights offers beautiful homes, stunning views and a feel of seclusion from the rest of Portland. The neighborhood abuts Forest Park, one of the most beautiful parks in the country, with its miles of hiking trails through lush green woodland. The neighborhood itself is made of large, manicured homes and is about as close as you can get to living in a lush, forested park.

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Bridlemile

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Average Home Price: $654,672

Many of the homes in Bridlemile were built in the 50s, 60s, and early 70s, and the styles include ranch, split levels, and contemporary. A number of new homes were built in the 2000s. If you’re looking for a single level home in the woods, this is your neighborhood. Bridlemile also has a very active neighborhood community dedicated to bringing neighbors together through social events and activities.

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Mt. Tabor

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Average Home Price: $582,016

The ever popular Mount Tabor Park is the neighborhood’s principal feature. The neighborhood also marks the eastern end of the Hawthorne District. The campus of Western Seminary is located on the western slope, overlooking downtown Portland. Mt. Tabor is one of the few neighborhoods on the east side that offers hills and views.

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