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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Laurelhurst

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Average Home Price: $778,520

Laurelhurst is an historic neighborhood of beautiful and expansive vintage homes, not to mention the beautiful Laurelhurst Park. Streets that are not quite on a grid and stone markers flank the entrances to the area, both of which give the neighborhood a vibe of exclusivity. The area is considered one of Portland’s more desirable, with lovely, expensive homes. Laurelhurst, unlike adjacent Portland neighborhoods, is completely residential single-family homes.

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Irvington

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Average Home Price: $741,264

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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Grant Park

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Average Home Price: $712,534

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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Alameda

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Average Home Price: $709,588

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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Sabin

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Average Home Price: $679,375

Sabin’s convenient close-in location makes for an easy commute to downtown. There is a nice community feel to this older established neighborhood. Neighbors can walk to the park, enjoy the community garden on 11th Avenue, or frequent the coffee shops, restaurants, and bars along Fremont St. Sabin features many charming older East Portland style homes, including Craftsman bungalows and Old Portland foursquares.

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Beaumont-Wilshire

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Average Home Price: $675,717

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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Vernon

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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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Rose City Park

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Average Home Price: $551,735

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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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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King

Average Home Price: $530,666

King straddles Martin Luther King Jr. Boulevard from Ainsworth Street to Fremont and is at one end of the Alberta Arts District. In the last decade, locally owned shops, galleries, and cafés have brought new life to the area. The neighborhood has rapidly gentrified since the 1990s and is now seen as one of the more popular Portland neighborhoods with housing prices remaining above Portland average. The King Neighborhood hosts an amazing farmers market in the summer months.

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