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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Maywood Park

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Average Home Price: $258,000

Just six miles east of downtown Portland, Maywood Park is just east of Rocky Butte. Vintage homes and quiet streets are tucked in among old growth timber. Maywood Park is the area’s noted “city within a city” and was incorporated in 1967. Maywood Park is surrounded on all sides by the city of Portland and includes a scenic section of the area’s famed 40-Mile Loop multi-use path.

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Parkrose/Parkrose Heights

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Average Home Price: $235,272

The Parkrose area had been a small farming and residential suburb of Portland until the 1920s and was annexed by Portland in 1980. Located close to the airport and near major roads, commuting from the mostly residential suburban neighborhoods of Parkrose and Parkrose Heights is easy. The busier streets provide ample shopping and dining opportunities. The Parkrose/Sumner Transit Center is served by the Red line of the Max Light Rail and I-205 runs through the neighborhoods.

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Argay Terrace

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Average Home Price: $267,606

Argay Terrace is a Northeast Portland subdivision primarily built in the 1960s. Consisting mainly of mid-century ranch homes, the neighborhood was designed to prevent high traffic streets, has a number of green walkways, a park, and is quite an attractive area. Close proximity to the I84 Freeway provides easy commuting into Portland or road trips through The Gorge.

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Vernon

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Average Home Price: $423,731

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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Rose City Park

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Average Home Price: $474,540

Homes styles in Rose City Park include a mix of bungalows, English cottages, and classic ranches, many built from the 1920s-1940s. New construction and town houses have been added to the area in recent years. The neighborhood is located next to the Rose City Golf course, the second oldest municipal course in the city of Portland. Many homes offer views of the park and golf course.

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Woodlawn

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Average Home Price: $373,950

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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Roseway

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Average Home Price: $345,515

Roseway is located in Northeast Portland and is bordered by the Rose City Park, Beaumont-Wilshire, Cully, Sumner, and Madison South neighborhoods. Roseway features small to mid-sized single family homes in classic vintage styles like Ranches, Cape Cods, Tudors, and Bungalows. Most neighborhood streets are quiet with some mature trees.

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Lloyd District

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Average Home Price: $242,500

Largely dominated by the Lloyd Center shopping mall (complete with its own indoor ice skating rink!), plus a lot of chain restaurants, this neighborhood feels unlike any other in Portland. The Oregon Convention Center and the Moda Center are in the area too. It’s a popular district when there’s an event, but otherwise kind of bland. Serviced by the MAX light rail.

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Sumner

Average Home Price: $217,350

Sumner is a neighborhood in the Northeast section of Portland, including the portion of the city of Maywood Park west of Interstate 205. The area is home to the Portland International Airport to the north with no residences surrounding it. The area north of Columbia Blvd. is industrial and commercial.

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Sunderland

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Average Home Price: $221,988

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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