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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University Park

Average Home Price: $495,077

Home to the University of Portland, the University Park neighborhood has been experiencing an influx of new residents as housing prices are still low enough to attract first-time buyers. Many of these newer residents have been making wonderful updates to their homes and yards, improving the neighborhood as a whole. Lombard is the main thoroughfare to get you to other parts of town. Homes along Willamette Blvd enjoy expansive river views, and the recent addition of a New Seasons made the area even more desirable.

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Vernon

Neighborhood Features: , ,
Average Home Price: $565,347

Vernon is located in Northeast Portland. It is bordered by the King, Woodlawn, Concordia, and Sabin neighborhoods. Vernon contains one of the most popular sections of NE Alberta St., offering a colorful selection of restaurants and shops. Vernon is also the home to the lovely Alberta Park which features an off-leash dog park.

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Woodlawn

Neighborhood Features: ,
Average Home Price: $447,148

Often overlooked because it is somewhat tucked away and borders industrial areas to the north, Woodlawn is a great, old neighborhood finally coming into its own. Woodlawn is slowly, but surely built, developing into a wonderful family-oriented neighborhood. A number of new businesses and restaurants have popped up in recent last few years, primarily around the gem of the neighborhood – Dekum Triangle.

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