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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Milwaukie

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Average Home Price: $244,493

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.

Parkrose/Parkrose Heights

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Average Home Price: $235,272

The Parkrose area had been a small farming and residential suburb of Portland until the 1920s and was annexed by Portland in 1980. Located close to the airport and near major roads, commuting from the mostly residential suburban neighborhoods of Parkrose and Parkrose Heights is easy. The busier streets provide ample shopping and dining opportunities. The Parkrose/Sumner Transit Center is served by the Red line of the Max Light Rail and I-205 runs through the neighborhoods.

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Oregon City

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Average Home Price: $302,126

Just 15 miles from Downtown Portland and located on the Willamette River near the southern limits of the Portland metropolitan area, Oregon City is the county seat of Clackamas County. Established in 1829 by the Hudson’s Bay Company, in 1844 it became the first U.S. city west of the Rocky Mountains to be incorporated. During the 1840s and 1850s it was the destination for those wanting to file land claims as the last stop on the Oregon Trail. Today the center of the city retains part of its historic character through the preservation of houses and other buildings from the era of the city’s founding. The town is divided into upper and lower areas; the lower area is on a bench next to the Willamette River, and the upper area atop a bluff. As of the 2010 census, the city population was 31,859.

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Argay Terrace

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Average Home Price: $267,606

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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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.