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: $378,934

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 improvements 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.

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St. Johns

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Average Home Price: $274,302

St. Johns officially became a Portland neighborhood nearly 100 years ago, but the area still feels like its own small town. Isolated from the rest of Portland by the Willamette River and railway yards, St Johns is largely self-sustaining with grocery stores, shops, and restaurants. Modest sized homes in the neighborhood are still affordable for those looking for starter homes.

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Average Home Price: $280,543

Bordered by St. Johns and Kenton, Portsmouth still admittedly has some rough areas. Due to the affordability of homes and the recent influx of new, younger homebuyers, Portsmouth is evolving into a more family-friendly environment. There is an active community working to improve the neighborhood as a whole.

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Average Home Price: $369,907

In the last few years, new homes have been built and older houses have been remodeled. New and younger homeowners moved in and have worked to develop this area as solid North Portland neighborhood. The MAX Yellow line is just a few blocks west and due to the proximity of I-5, a convenient commute to downtown Portland. Piedmont was Portland’s first subdivision and is coming into its own again. Piedmont is also home to the beautiful Peninsula Park and Rose Garden.

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Average Home Price: $385,059

Overlook feels a bit secluded as it is bordered by Interstate and a bluff, but its location offers convenient access to other local neighborhoods and downtown. Many local restaurants and bars thrive along the main thoroughfares and the neighborhood is served by the MAX line. Though Overlook’s vibe is notably less urban than that of its neighbors, Overlook offers excellent bike access to downtown Portland, easy mass transit options, and is about a 5 minute drive to downtown Portland.

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Average Home Price: $447,840

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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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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East Columbia

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Average Home Price: $290,723

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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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.

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