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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Maywood Park

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Average Home Price: $258,000

Just six miles east of downtown Portland, Maywood Park is just east of Rocky Butte. Vintage homes and quiet streets are tucked in among old growth timber. Maywood Park is the area’s noted “city within a city” and was incorporated in 1967. Maywood Park is surrounded on all sides by the city of Portland and includes a scenic section of the area’s famed 40-Mile Loop multi-use path.

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Hazelwood

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Average Home Price: $227,994

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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Hayden Island

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Average Home Price: $294,931

Home to approximately 2000 residents, Hayden Island is located in the Columbia River between Vancouver, WA and Portland, OR. Interstate 5 is the only roadway connection to the island, which is the largest complex of yacht and floatings homes on the Columbia River. The west side of Hayden Island is unincorporated and undeveloped. The developed parts of the island are largely located within Portland city limits. Jantzen Beach center provides ample access to shopping, groceries, and restaurants.

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Happy Valley

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Average Home Price: $407,526

Located just 6 miles from downtown Portland, Happy Valley is one of the fastest growing cities in Oregon. Happy Valley is a close-knit community with a suburban, small-town vibe and a bustling business and healthcare communities. There are ample shopping opportunities at nearby Clackamas Town Center and Promenade, in addition to a number of chain stores and restaurants.  The city boasts quite a few wonderful parks and hikes and is located just a short drive from Mt. Hood. Much of the population growth has occurred in the last two decades, evidenced by a lot of newer construction homes.

Beaverton

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Average Home Price: $290,373

Located 7 mi. from downtown Portland and with a population of about 90,000, Beaverton is known for it’s suburban, family-friendly neighborhoods, shopping districts, and highly ranked school. There are a number of green spaces and the city boasts that there is a park within 1/2 mile of every home.

 

 

Lents

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Average Home Price: $224,005

Lents is one of the largest neighborhoods in the city, one of the oldest, and one of its most diverse. Somewhat neglected for many years, Portland has recently seen the potential value of the Lents neighborhood and established it as an Urban Renewal Area. Many new homes and businesses have been established and more are planned. The MAX light rail system has been expanded southward from the Gateway hub, along I-205 to the Clackamas Town Center shopping mall.

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Multnomah

Average Home Price: $373,707

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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Hillsdale

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Average Home Price: $509,575

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.

Richmond

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Average Home Price: $499,097

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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