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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Alameda

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Average Home Price: $726,243

Northeast Fremont Street is Alameda’s main east-west thoroughfare and NE 33rd, its main north-south thoroughfare, makes up its eastern boundary. The neighborhood’s houses are mostly cottages and expansive Craftsman homes, most of which have been beautifully maintained. Alameda is located between the business districts of Beaumont Village and the Hollywood District.

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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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Beaumont-Wilshire

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Average Home Price: $598,216

Located on Alameda Ridge with views of Downtown, the Willamette River, and the Cascades, Beaumont-Wilshire is an older, well established neighborhood with a strong sense of community. It has a mixture of residential and commercial properties with Beaumont Village serving as the main commercial district. The neighborhood is also within walking distance of the Hollywood District, a major commercial and shopping area to the south.

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Boise-Eliot

Average Home Price: $470,539

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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Concordia

Average Home Price: $421,942

Named after Concordia University, the Concordia neighborhood contains most of the popular Alberta Street Arts District. Alberta St. provides much of the local color and sense of community. Neighborhood parks include Kennedy Community Garden and Fernhill Park. Kennedy School is a local favorite hotel/restaurant/bar/theater that also features a popular saltwater soaking pool, free to neighborhood residents.

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Cully

Average Home Price: $304,667

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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Grant Park

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Average Home Price: $645,943

Grant Park has a family-friendly feel made up of comfortable homes on quiet, residential streets. Here you’ll find classic style homes ranging from Craftsman and Cottage, to Cape Cod and Bungalows. Grant Park features mature trees, sports facilities, a playground, and an off-leash dog area is the social center of the neighborhood.

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Hollywood

Average Home Price: $478,082

Renamed for its historic 1920s Hollywood Theatre, the Hollywood neighborhood is a mixed commercial and residential area and tends to serve as a shopping district to the adjacent neighborhoods. The Hollywood District also figures in Beverly Cleary’s Klickitat Street series of books. Serviced by the MAX light rail and multiple bus lines.

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Irvington

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Average Home Price: $632,224

On its southern border along NE Broadway and Weidler Avenues, Irvington has a sizable strip of restaurants, bars, coffee houses, and shops, but apart from that, Irvington is primarily residential. The homes and yards are sprawling, meticulously cared for, and established tree lined streets. And on its east and west sit two large parks. This is a historic neighborhood and many of its beautiful houses are on the National Register of Historic Places.

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Kerns

Average Home Price: $421,957

Kerns is relatively close-in to downtown Portland and a fairly urban neighborhood. As Kerns covers a smallish area, there is not a lot of residential property within Kerns, but what there is consists of older east Portland homes, many of which have been converted over the years into multi-family units and multiplexes. Portland four-squares and large Craftsman style bungalows line the streets, tucked into the more commercial areas. Kerns has many popular Portland restaurants and locally owned businesses.

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