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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Powellhurst-Gilbert

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Average Home Price: $273,320

The Powellhurst-Gilbert neighborhood borders Montavilla, Hazelwood, and Mill Park to the North, Centennial to the East, Pleasant Valley to the East/South, and Lents and South Tabor to the West. It’s a neighborhood of cultural and ethnic diversity, easily commutable, with well-regarded schools, and with natural greenspaces nearby.

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Buckman

Average Home Price: $518,993

The Buckman neighborhood notably includes portions of the popular Hawthorne Blvd. and the ever-improving East Burnside. Located close-in and situated near some favorite southeast Portland spots, Buckman has a lot to offer in terms of food, boutiques, and pubs. The neighborhood features many beautiful restored vintage homes. Though a very desirable area, Buckman has managed to hold on to a remnant of that old, slightly gritty, Portland charm.

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Hillsdale

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Average Home Price: $557,406

Although the area started developing in the 1920s, most of the homes in Hillsdale were built after WWII so you will see an abundance of ranch style homes. With the close proximity of schools, parks, a library, and a shopping center, many families seeking a suburban lifestyle are drawn to this neighborhood. Despite the sleepy feel, Hillsdale is located very close to downtown Portland. The fabulous, year-round Hillsdale Farmers Market is a popular destination.

Multnomah

Average Home Price: $443,538

SW Portland is largely suburban in feel, but Multnomah Village offers a more urban vibe. Restaurants, bars, and shops create a lively environment for locals. The village is at the intersection of Capitol and Multnomah Blvd, a pretty busy road, but it is still pedestrian friendly for the stretch of a few blocks.

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Foster-Powell

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Average Home Price: $388,521

Foster-Powell has seen an influx of new residents to the area in recent years, which has helped to create a new and vibrant, although still developing, community. Foster-Powell has some lovely pockets with beautifully improved and renovated homes. A special Fo-Po treat is the number of great authentic restaurants and shops in this neighborhood.

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Hosford-Abernethy

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Average Home Price: $619,689

Arriving in Hosford-Abernethy from the west (via the Hawthorne or Ross Island Bridges), the first few blocks are all industrial but develop slowly into a mix of residential, including apartments, further to the east. SE 13th Avenue marks the beginning of purely residential with detached single-family homes. This neighborhood includes the highly desirable Ladd’s Addition.

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Montavilla

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Average Home Price: $358,986

Montavilla is located in deep SE, but manages to maintain an urban Portland vibe. Vintage homes and old growth trees fill many of the local streets. The shops, restaurants, and theater located on SE Stark hip up the neighborhood, while the Montavilla Farmers Market adds to a sense of community. Nearby Mt. Tabor is a very popular park for hiking, biking, and picnics.

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Richmond

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Average Home Price: $555,188

As with the urban Portland trend, this neighborhood is very eclectic and Richmond homes vary substantially in form and style and landscaping. Bungalows, quiet streets, and mature trees make Richmond extremely popular with homebuyers, while great local restaurants and bars make it a favorite destination point. The neighborhood is in the midst of a boom and a number of new commercial and multi dwelling residential units are currently being built along Division.

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Sellwood-Moreland

Average Home Price: $551,295

Like most Portland neighborhoods, Sellwood-Moreland feel very self-sustaining, but Sellwood-Moreland really feels like its own little city. Consisting of two smaller neighborhoods, Sellwood and Westmoreland, the area is well-stocked with neighborhood amenities. Local grocery chain New Seasons Market, coffee shops, bars, wonderful restaurants, and a number of antique stores add to the vibe, and fabulous Sellwood Park provides a great picnic spot. This area is popular with families and extremely walkable with a strong sense of community pride.

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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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