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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Boise-Eliot

Average Home Price: $551,215

A unique, increasingly popular, and constantly developing neighborhood which encompasses Williams and Mississippi Avenues. These two streets have seen much change in the last 10 years with respect to the independent businesses that line their streets and their patrons. This neighborhood stretches over the boundary between North and Northeast Portland. The MAX Yellow Line is located just opposite Interstate 5, connected by North Skidmore Street and the Failing St. pedestrian bridge.

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Humboldt

Average Home Price: $527,292

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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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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Arbor Lodge

Average Home Price: $460,602

Arbor Lodge boasts quiet streets, a New Seasons Market, coffee shops, and restaurants. Despite busy Interstate Avenue, cyclists and pedestrians are always out. Convenience of the MAX and I-5 makes for a quick and easy commute to downtown. Arbor Lodge has a number of great parks, and is home to Chief Joseph Elementary, one of North Portland’s most beloved elementary schools.

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Piedmont

Average Home Price: $452,624

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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Overlook

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Average Home Price: $441,999

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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Portsmouth

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Average Home Price: $364,657

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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Cathedral Park

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Average Home Price: $361,996

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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St. Johns

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Average Home Price: $342,558

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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