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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Hazelwood

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Average Home Price: $297,858

One of the most lovely neighborhoods on the Eastside, suburban Hazelwood is green and filled with well-kept contemporary houses on great lots. Situated on a slight rise, there are beautiful views of Mount Hood and Tabor from certain areas. With easy access to Interstate 205,  major shopping centers, Clackamas Town Center and Mall 205 are just a quick drive away. Great schools and quiet streets combine to make Hazelwood a standout neighborhood in outer Portland.

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Happy Valley

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Average Home Price: $504,364

Located just 6 miles from downtown Portland, Happy Valley is one of the fastest growing cities in Oregon. Happy Valley is a close-knit community with a suburban, small-town vibe and a bustling business and healthcare communities. There are ample shopping opportunities at nearby Clackamas Town Center and Promenade, in addition to a number of chain stores and restaurants.  The city boasts quite a few wonderful parks and hikes and is located just a short drive from Mt. Hood. Much of the population growth has occurred in the last two decades, evidenced by a lot of newer construction homes.

Buckman

Average Home Price: $518,993

The Buckman neighborhood notably includes portions of the popular Hawthorne Blvd. and the ever-improving East Burnside. Located close-in and situated near some favorite southeast Portland spots, Buckman has a lot to offer in terms of food, boutiques, and pubs. The neighborhood features many beautiful restored vintage homes. Though a very desirable area, Buckman has managed to hold on to a remnant of that old, slightly gritty, Portland charm.

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Lents

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Average Home Price: $297,577

Lents is one of the largest neighborhoods in the city, one of the oldest, and one of its most diverse. Somewhat neglected for many years, Portland has recently seen the potential value of the Lents neighborhood and established it as an Urban Renewal Area. Many new homes and businesses have been established and more are planned. The MAX light rail system has been expanded southward from the Gateway hub, along I-205 to the Clackamas Town Center shopping mall.

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Eastmoreland

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Average Home Price: $756,770

Eastmoreland is a beautiful, established neighborhood with lovely traditional, upscale homes primarily built in the 1920s and 1930s. The homes are generally expansive and meticulously cared for. Filled with mature tree lined streets and lush landscaping, the beautiful Reed College campus borders Eastmoreland to the north. This neighborhood is home to Crystal Springs Rhododendron Garden and the Eastmoreland Golf Course.

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Foster-Powell

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Average Home Price: $388,521

Foster-Powell has seen an influx of new residents to the area in recent years, which has helped to create a new and vibrant, although still developing, community. Foster-Powell has some lovely pockets with beautifully improved and renovated homes. A special Fo-Po treat is the number of great authentic restaurants and shops in this neighborhood.

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Hosford-Abernethy

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Average Home Price: $619,689

Arriving in Hosford-Abernethy from the west (via the Hawthorne or Ross Island Bridges), the first few blocks are all industrial but develop slowly into a mix of residential, including apartments, further to the east. SE 13th Avenue marks the beginning of purely residential with detached single-family homes. This neighborhood includes the highly desirable Ladd’s Addition.

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