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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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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Pearl District

Average Home Price: $676,492

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.

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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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Northwest District

Average Home Price: $601,488

The Northwest District is a dense residential and retail neighborhood. Large Craftsman and Old Portland houses, many of which have been converted to condos and apartments, tightly line the streets. Vintage apartment buildings and new condos are also prevalent in this area. All are within walking distance of restaurants, bars, and boutiques. Popular sections include bustling shopping street NW 23rd, the more bohemian NW 21st, and the Alphabet Historic District. The Portland Streetcar comes from downtown and ends here.

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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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Sunnyside

Average Home Price: $549,615

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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South Portland

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Average Home Price: $549,282

Made up of the distinctly different micro-neighborhoods of Fulton, Johns Landing, Terwilliger, South Waterfront, Lair Hill and Corbett, South Portland is just south of downtown and bordered by the Willamette. This area features a range of vintage home styles along with modern high rise condos, classic feeling neighborhoods, some river views, and close proximity to OHSU and the tram.

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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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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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