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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Boise-Eliot

Average Home Price: $551,215

A unique, increasingly popular, and constantly developing neighborhood which encompasses Williams and Mississippi Avenues. These two streets have seen much change in the last 10 years with respect to the independent businesses that line their streets and their patrons. This neighborhood stretches over the boundary between North and Northeast Portland. The MAX Yellow Line is located just opposite Interstate 5, connected by North Skidmore Street and the Failing St. pedestrian bridge.

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Brooklyn

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Average Home Price: $475,490

Brooklyn is close to some of Portland’s most hip and popular neighborhoods, like Sellwood, Hawthorne and Clinton. Residents have plenty of coffee, pub and dining options very nearby and often in the next neighborhood over. Brooklyn itself is a mix of residential and industrial buildings. With the addition of the new Orange MAX line, it is easier than ever to get around downtown Portland from the Brooklyn neighborhood.

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Goose Hollow

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Average Home Price: $455,567

Goose Hollow is a charming urban neighborhood with a delightful mix of old and new homes. Bordering downtown Portland, Goose Hollow is one of Portland’s oldest neighborhoods and is located near the popular Forest Park, Nob Hill and Arlington Heights neighborhoods. Lincoln High School, the oldest high school in the Pacific Northwest, was established in this neighborhood in 1869. Many of the meticulously maintained old houses serve as both residential and commercial spaces.

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Hosford-Abernethy

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Average Home Price: $619,689

Arriving in Hosford-Abernethy from the west (via the Hawthorne or Ross Island Bridges), the first few blocks are all industrial but develop slowly into a mix of residential, including apartments, further to the east. SE 13th Avenue marks the beginning of purely residential with detached single-family homes. This neighborhood includes the highly desirable Ladd’s Addition.

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Humboldt

Average Home Price: $527,292

Humboldt is young, urban and hip and, as expected, the streets are lively with pedestrians and cyclists. A number of restaurants and bars make this neighborhood desirable to live in and visit. Humboldt provides easy access to downtown and to other popular surrounding neighborhoods. Portland Community College’s Cascade campus is also found in Humboldt.

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Irvington

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Average Home Price: $741,264

On its southern border along NE Broadway and Weidler Avenues, Irvington has a sizable strip of restaurants, bars, coffee houses, and shops, but apart from that, Irvington is primarily residential. The homes and yards are sprawling, meticulously cared for, and established tree lined streets. And on its east and west sit two large parks. This is a historic neighborhood and many of its beautiful houses are on the National Register of Historic Places.

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Kerns

Average Home Price: $493,830

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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King

Average Home Price: $530,666

King straddles Martin Luther King Jr. Boulevard from Ainsworth Street to Fremont and is at one end of the Alberta Arts District. In the last decade, locally owned shops, galleries, and cafés have brought new life to the area. The neighborhood has rapidly gentrified since the 1990s and is now seen as one of the more popular Portland neighborhoods with housing prices remaining above Portland average. The King Neighborhood hosts an amazing farmers market in the summer months.

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Lloyd District

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Average Home Price: $237,929

Largely dominated by the Lloyd Center shopping mall (complete with its own indoor ice skating rink!), plus a lot of chain restaurants, this neighborhood feels unlike any other in Portland. The Oregon Convention Center and the Moda Center are in the area too. It’s a popular district when there’s an event, but otherwise kind of bland. Serviced by the MAX light rail.

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