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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Mt. Tabor

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Average Home Price: $582,016

The ever popular Mount Tabor Park is the neighborhood’s principal feature. The neighborhood also marks the eastern end of the Hawthorne District. The campus of Western Seminary is located on the western slope, overlooking downtown Portland. Mt. Tabor is one of the few neighborhoods on the east side that offers hills and views.

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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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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.

Linnton

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Average Home Price: $392,875

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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Northwest Heights

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Average Home Price: $700,323

Northwest Heights offers beautiful homes, stunning views and a feel of seclusion from the rest of Portland. The neighborhood abuts Forest Park, one of the most beautiful parks in the country, with its miles of hiking trails through lush green woodland. The neighborhood itself is made of large, manicured homes and is about as close as you can get to living in a lush, forested park.

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Sylvan-Highlands

Average Home Price: $743,921

Most Sylvan-Highlands homes were built in the 1950-60s, although a number of new condos and townhouses have been built in recent years. Homes facing west have a view of the coastal mountain range. Some Sylvan-Highlands residents walk from their homes to the MAX Light Rail stop at the Zoo to either head into downtown for work or out to the west suburbs for work in one of the high-tech companies.

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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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Sunderland

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Average Home Price: $268,500

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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