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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Mt. Scott-Arleta

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Average Home Price: $373,944

Primarily a working class neighborhood, the homes found in Mt. Scott-Arleta are old style Portland homes such as Foursquares, Old Portland, Tudor, Colonial, Bungalow and more. The streets are quiet and many lined with mature trees. Mt Scott Park is lovely and has one of the best community centers in the city – complete with indoor pool.  A handful of restaurants and a cafes call this neighborhood home.

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Mt. Tabor

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Average Home Price: $582,016

The ever popular Mount Tabor Park is the neighborhood’s principal feature. The neighborhood also marks the eastern end of the Hawthorne District. The campus of Western Seminary is located on the western slope, overlooking downtown Portland. Mt. Tabor is one of the few neighborhoods on the east side that offers hills and views.

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North Tabor

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Average Home Price: $483,319

North Tabor is nestled along the north side of Mount Tabor and offers easy walking distance to Mount Tabor, Laurelhurst, and Normandale Parks. There are a number of restaurants and cafes within the neighborhood which add to a feel of closeness in the community. North Tabor is served by the 60th MAX station.

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Reed

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Average Home Price: $533,454

Reed is located in a very beautiful area of southeast Portland. Homes here are upscale and the neighborhood streets are lined with old growth trees. Reed College is a major presence in the area. Primarily a residential area, residents can find dining, coffee, pub and shopping options in many of the surrounding neighborhoods.

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Richmond

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Average Home Price: $555,188

As with the urban Portland trend, this neighborhood is very eclectic and Richmond homes vary substantially in form and style and landscaping. Bungalows, quiet streets, and mature trees make Richmond extremely popular with homebuyers, while great local restaurants and bars make it a favorite destination point. The neighborhood is in the midst of a boom and a number of new commercial and multi dwelling residential units are currently being built along Division.

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Ardenwald-Johnson Creek

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Average Home Price: $468,461

The Ardenwald-Johnson Creek Neighborhood boundaries reach from the backyards of the homes along Crystal Springs Blvd in Eastmoreland all the way to Milwaukie. The neighborhood is home to wildlife area Tideman Johnson Park and a portion of the Springwater Corridor – a lovely multi-use trail. Ardenwald is a family-oriented and slightly old fashioned neighborhood.

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Sellwood-Moreland

Average Home Price: $551,295

Like most Portland neighborhoods, Sellwood-Moreland feel very self-sustaining, but Sellwood-Moreland really feels like its own little city. Consisting of two smaller neighborhoods, Sellwood and Westmoreland, the area is well-stocked with neighborhood amenities. Local grocery chain New Seasons Market, coffee shops, bars, wonderful restaurants, and a number of antique stores add to the vibe, and fabulous Sellwood Park provides a great picnic spot. This area is popular with families and extremely walkable with a strong sense of community pride.

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South Tabor

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Average Home Price: $444,453

South Tabor is a largely residential area located south of the Mt. Tabor neighborhood. Most homes in this neighborhood are modest in size and were built from the early 1900’s to today. Home styles include cute ranches, cottages and bungalows, and the area is still in an affordable price range when compared to other Portland areas. South Tabor is a pleasant neighborhood with plenty of shopping and conveniences nearby.

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Brooklyn

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Average Home Price: $475,490

Brooklyn is close to some of Portland’s most hip and popular neighborhoods, like Sellwood, Hawthorne and Clinton. Residents have plenty of coffee, pub and dining options very nearby and often in the next neighborhood over. Brooklyn itself is a mix of residential and industrial buildings. With the addition of the new Orange MAX line, it is easier than ever to get around downtown Portland from the Brooklyn neighborhood.

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