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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Hayden Island

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Average Home Price: $294,931

Home to approximately 2000 residents, Hayden Island is located in the Columbia River between Vancouver, WA and Portland, OR. Interstate 5 is the only roadway connection to the island, which is the largest complex of yacht and floatings homes on the Columbia River. The west side of Hayden Island is unincorporated and undeveloped. The developed parts of the island are largely located within Portland city limits. Jantzen Beach center provides ample access to shopping, groceries, and restaurants.

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South Portland

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Average Home Price: $445,368

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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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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Old Town Chinatown

Average Home Price: $263,422

Old Town Chinatown is located in downtown Portland. Housing options include market-rate, affordable and low-income apartments and a growing number of opportunities for home ownership. Old Town Chinatown provides easy access to the MAX light rail and Tri-Met buses. This area has not been historically desirable and ownership options are limited, but improvements are being made to the area.

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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.

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Linnton

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Average Home Price: $390,828

The Linnton neighborhood is located between Forest Park and the Willamette River along U.S. Route 30.  It is a smaller community with roots as a logging town. Linnton is a mix of commercial and industrial buildings, with residential properties tucked into Forest Park. Linnton provides easy access to the trails of Forest Park and is also close to agricultural community Sauvie Island.

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Sunderland

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Average Home Price: $221,988

While primarily an industrial district, Sunderland does have a small residential area along NE Marine Drive. The area is home to warehouses, supply yards, and wetlands. There are pockets of contemporary and new construction homes as well as houseboats along the Columbia river. The Dignity Village homeless settlement is also located in Sunderland.

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Bridgeton

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Average Home Price: $268,991

Bridgeton is a unique neighborhood of floating homes, condos, row houses, and businesses. The very small, friendly community feels extremely removed from Portland proper. It occupies a narrow strip of land around a levee between the Columbia River and Bridgeton Slough.  

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Cathedral Park

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Average Home Price: $310,559

Named for the beautiful Cathedral Park, located on the east side of the river and under the St. Johns Bridge, this North Portland neighborhood is in transition. Due to the number of new and younger homeowners moving to the area, homes have been improving and a sense of community has been developing. This area also gets many students who attend the nearby University of Portland.

Click to view available homes in Cathedral Park.