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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Beaumont-Wilshire

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Average Home Price: $598,216

Located on Alameda Ridge with views of Downtown, the Willamette River, and the Cascades, Beaumont-Wilshire is an older, well established neighborhood with a strong sense of community. It has a mixture of residential and commercial properties with Beaumont Village serving as the main commercial district. The neighborhood is also within walking distance of the Hollywood District, a major commercial and shopping area to the south.

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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.

 

 

Concordia

Average Home Price: $421,942

Named after Concordia University, the Concordia neighborhood contains most of the popular Alberta Street Arts District. Alberta St. provides much of the local color and sense of community. Neighborhood parks include Kennedy Community Garden and Fernhill Park. Kennedy School is a local favorite hotel/restaurant/bar/theater that also features a popular saltwater soaking pool, free to neighborhood residents.

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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.

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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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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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.

Hollywood

Average Home Price: $478,082

Renamed for its historic 1920s Hollywood Theatre, the Hollywood neighborhood is a mixed commercial and residential area and tends to serve as a shopping district to the adjacent neighborhoods. The Hollywood District also figures in Beverly Cleary’s Klickitat Street series of books. Serviced by the MAX light rail and multiple bus lines.

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Kerns

Average Home Price: $421,957

Kerns is relatively close-in to downtown Portland and a fairly urban neighborhood. As Kerns covers a smallish area, there is not a lot of residential property within Kerns, but what there is consists of older east Portland homes, many of which have been converted over the years into multi-family units and multiplexes. Portland four-squares and large Craftsman style bungalows line the streets, tucked into the more commercial areas. Kerns has many popular Portland restaurants and locally owned businesses.

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