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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Piedmont

Average Home Price: $452,624

In the last few years, new homes have been built and older houses have been remodeled. New and younger homeowners moved in and have worked to develop this area as solid North Portland neighborhood. The MAX Yellow line is just a few blocks west and due to the proximity of I-5, a convenient commute to downtown Portland. Piedmont was Portland’s first subdivision and is coming into its own again. Piedmont is also home to the beautiful Peninsula Park and Rose Garden.

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Portsmouth

Neighborhood Features: , ,
Average Home Price: $364,657

Bordered by St. Johns and Kenton, Portsmouth still admittedly has some rough areas. Due to the affordability of homes and the recent influx of new, younger homebuyers, Portsmouth is evolving into a more family-friendly environment. There is an active community working to improve the neighborhood as a whole.

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University Park

Average Home Price: $495,077

Home to the University of Portland, the University Park neighborhood has been experiencing an influx of new residents as housing prices are still low enough to attract first-time buyers. Many of these newer residents have been making wonderful updates to their homes and yards, improving the neighborhood as a whole. Lombard is the main thoroughfare to get you to other parts of town. Homes along Willamette Blvd enjoy expansive river views, and the recent addition of a New Seasons made the area even more desirable.

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