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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Woodstock

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Average Home Price: $403,180

Located in SE Portland, Woodstock is a great neighborhood of families, singles and urbanites. This area feels community conscious, eco-friendly, and very family friendly. It’s a little too far out to be considered “close in”, but somehow maintains that Portland neighborhood vibe. The sweet Woodstock Village features grocery stores, bars, restaurants, a hardware store, and library. Woodstock Elementary is home to a Chinese immersion program.

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Vernon

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Average Home Price: $423,731

Vernon is located in Northeast Portland. It is bordered by the King, Woodlawn, Concordia, and Sabin neighborhoods. Vernon contains one of the most popular sections of NE Alberta St., offering a colorful selection of restaurants and shops. Vernon is also the home to the lovely Alberta Park which features an off-leash dog park.

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Sunnyside

Average Home Price: $481,465

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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Sullivan’s Gulch

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Average Home Price: $367,672

Sullivan’s Gulch is an urban residential area that is located within walking distance to dining, shopping, and other entertainment. This well-established community has a mix of older East Portland homes, usually mid-sized to larger family homes located on streets with mature trees. Condos have been added in recent years. There are also some lovely vintage apartments and plexes for rent.

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St. Johns

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Average Home Price: $274,302

St. Johns officially became a Portland neighborhood nearly 100 years ago, but the area still feels like its own small town. Isolated from the rest of Portland by the Willamette River and railway yards, St Johns is largely self-sustaining with grocery stores, shops, and restaurants. Modest sized homes in the neighborhood are still affordable for those looking for starter homes.

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Sellwood-Moreland

Average Home Price: $486,757

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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Roseway

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Average Home Price: $345,515

Roseway is located in Northeast Portland and is bordered by the Rose City Park, Beaumont-Wilshire, Cully, Sumner, and Madison South neighborhoods. Roseway features small to mid-sized single family homes in classic vintage styles like Ranches, Cape Cods, Tudors, and Bungalows. Most neighborhood streets are quiet with some mature trees.

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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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Portland Downtown

Average Home Price: $412,126

Downtown Portland has been undergoing a successful urban revitalization since the 1970s, and in the past decade alone there have been dozens of new buildings constructed, including townhomes, offices, and condominiums. Downtown Portland is the hub of the MAX and streetcar lines, which are consistently ranked some of the best public transportation systems in the country.

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Pearl District

Average Home Price: $551,844

The Pearl has been undergoing significant urban renewal since the mid-1980s and is now noted for its art galleries, upscale businesses and residences. Homes in The Pearl mostly consist of high-rise condominiums and warehouse-to-loft conversions. The area is located just north of downtown and is home to an array of boutiques, and restaurants small clubs and bars…not to mention Powell’s Books. The area is serviced by the Portland Streetcar.

Click to view available homes in The Pearl District.