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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Sunderland

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Average Home Price: $268,500

While primarily an industrial district, Sunderland does have a small residential area along NE Marine Drive. The area is home to warehouses, supply yards, and wetlands. There are pockets of contemporary and new construction homes as well as houseboats along the Columbia river. The Dignity Village homeless settlement is also located in Sunderland.

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Hazelwood

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Average Home Price: $297,858

One of the most lovely neighborhoods on the Eastside, suburban Hazelwood is green and filled with well-kept contemporary houses on great lots. Situated on a slight rise, there are beautiful views of Mount Hood and Tabor from certain areas. With easy access to Interstate 205,  major shopping centers, Clackamas Town Center and Mall 205 are just a quick drive away. Great schools and quiet streets combine to make Hazelwood a standout neighborhood in outer Portland.

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Argay Terrace

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Average Home Price: $349,725

Argay Terrace is a Northeast Portland subdivision primarily built in the 1960s. Consisting mainly of mid-century ranch homes, the neighborhood was designed to prevent high traffic streets, has a number of green walkways, a park, and is quite an attractive area. Close proximity to the I84 Freeway provides easy commuting into Portland or road trips through The Gorge.

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Milwaukie

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Average Home Price: $352,025

Milwaukie lies largely in Clackamas County, right on the banks of the Willamette River. The “Dogwood City of the West” offers small town charm with easy access to big city amenities. The new Orange Max line will make the short commute into downtown Portland easier than ever before. Although Milwaukie is small (just 4.85 sq. mi.), the appeal is large; beautiful views from the Willamette River Waterfront Park, access to water-sports, parks, biking trails and great schools. Milwaukie is a safe and clean community and is named as one of the 50 best places to raise a family.

Portsmouth

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Average Home Price: $364,657

Bordered by St. Johns and Kenton, Portsmouth still admittedly has some rough areas. Due to the affordability of homes and the recent influx of new, younger homebuyers, Portsmouth is evolving into a more family-friendly environment. There is an active community working to improve the neighborhood as a whole.

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Mt. Scott-Arleta

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Average Home Price: $373,944

Primarily a working class neighborhood, the homes found in Mt. Scott-Arleta are old style Portland homes such as Foursquares, Old Portland, Tudor, Colonial, Bungalow and more. The streets are quiet and many lined with mature trees. Mt Scott Park is lovely and has one of the best community centers in the city – complete with indoor pool.  A handful of restaurants and a cafes call this neighborhood home.

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Cully

Average Home Price: $374,470

Cully is a culturally and economically diverse mix of commercial and residential development. The modest homes on large lots are an urban farmer’s dream. In addition, recent improvements to streets and bike routes and the promise of a 25-acre park prove that Cully is truly an emerging neighborhood. Among residents, there is a strong sense of community identity and active local involvement to improve the quality and livability of the area.

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