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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Ardenwald-Johnson Creek

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Average Home Price: $468,461

The Ardenwald-Johnson Creek Neighborhood boundaries reach from the backyards of the homes along Crystal Springs Blvd in Eastmoreland all the way to Milwaukie. The neighborhood is home to wildlife area Tideman Johnson Park and a portion of the Springwater Corridor – a lovely multi-use trail. Ardenwald is a family-oriented and slightly old fashioned neighborhood.

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Arlington Heights

Average Home Price: $1,100,611

Arlington Heights is one of Portland’s most scenic neighborhoods and home to some of the city’s most famous parks, like the Japanese Garden and Washington Park. Located near downtown, the architectural styles range from Victorian cottage to the latest contemporary dwellings. Most homes feature beautiful gardens and spectacular views. This is an old neighborhood – most homes were built before 1939.

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Ashcreek

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Average Home Price: $476,197

Ashcreek is bordered by Maplewood to the north, Multnomah and Crestwood to the east, Far Southwest to the south. To the west are the communities of Garden Home-Whitford and Tigard. While mostly in Multnomah County, Ashcreek does extend a short distance into Washington County on its western side.

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Bridlemile

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Average Home Price: $654,672

Many of the homes in Bridlemile were built in the 50s, 60s, and early 70s, and the styles include ranch, split levels, and contemporary. A number of new homes were built in the 2000s. If you’re looking for a single level home in the woods, this is your neighborhood. Bridlemile also has a very active neighborhood community dedicated to bringing neighbors together through social events and activities.

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Crestwood

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Average Home Price: $397,028

A small neighborhood with charming homes, Crestwood is also located near the shops, cafes, and restaurants of Multnomah Village and Barbur. The neighborhood is also home to Woods Memorial Natural Area – a great park for walking, running, or solitude. Downtown Portland is just a short drive away, either via I-5 or Barbur Blvd.

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Cully

Average Home Price: $374,470

Cully is a culturally and economically diverse mix of commercial and residential development. The modest homes on large lots are an urban farmer’s dream. In addition, recent improvements to streets and bike routes and the promise of a 25-acre park prove that Cully is truly an emerging neighborhood. Among residents, there is a strong sense of community identity and active local involvement to improve the quality and livability of the area.

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East Columbia

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Average Home Price: $330,985

East Columbia is a very unique neighborhood due to its wetlands and open space combined with residential, industrial, and agricultural uses. East Columbia is surrounded by three golf courses and bordered on the north by the Columbia River. The entire neighborhood is in a managed floodplain.

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Forest Park

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Average Home Price: $893,061

The Forest Park neighborhood is named because of its proximity to the 5,000 plus acre Forest Park, the southern portion of which lies within the neighborhood boundaries. Built along a ridge northwest of downtown and only a short distance from the Northwest District, this neighborhood combines rolling green pastures and views. Most of the neighborhood lies within unincorporated Multnomah County.

Hayhurst

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Average Home Price: $478,135

The Hayhurst neighborhood is a quiet, suburban feeling neighborhood with many homes that offer lovely views and are situated on mature tree lined streets. This area offers some larger lots and a wide range of home styles. Gabriel Park is a popular neighborhood park with green spaces, a dog park, and plenty of room to roam and run. The historic Alpenrose Dairy is also located in this neighborhood.

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