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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Hillsdale

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Average Home Price: $557,406

Although the area started developing in the 1920s, most of the homes in Hillsdale were built after WWII so you will see an abundance of ranch style homes. With the close proximity of schools, parks, a library, and a shopping center, many families seeking a suburban lifestyle are drawn to this neighborhood. Despite the sleepy feel, Hillsdale is located very close to downtown Portland. The fabulous, year-round Hillsdale Farmers Market is a popular destination.

Maplewood

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Average Home Price: $505,593

Maplewood is made of a nice mix of suburban and rural features, all while being located relatively close to downtown for an easy commute. There are a wide variety of home styles, and some areas feature hills with views. Multnomah Village is located nearby, so there are many areas to shop, eat, and find activities.

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Markham

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Average Home Price: $453,967

Like many of the Southwest Portland neighborhoods, Markham has more of a suburban feeling than neighborhoods located closer to the city. There are several great parks and nature areas in this neighborhood, like Marshall Park, with lovely places to escape to while still being in Portland.

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Multnomah

Average Home Price: $443,538

SW Portland is largely suburban in feel, but Multnomah Village offers a more urban vibe. Restaurants, bars, and shops create a lively environment for locals. The village is at the intersection of Capitol and Multnomah Blvd, a pretty busy road, but it is still pedestrian friendly for the stretch of a few blocks.

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South Portland

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Average Home Price: $549,282

Made up of the distinctly different micro-neighborhoods of Fulton, Johns Landing, Terwilliger, South Waterfront, Lair Hill and Corbett, South Portland is just south of downtown and bordered by the Willamette. This area features a range of vintage home styles along with modern high rise condos, classic feeling neighborhoods, some river views, and close proximity to OHSU and the tram.

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Goose Hollow

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Average Home Price: $455,567

Goose Hollow is a charming urban neighborhood with a delightful mix of old and new homes. Bordering downtown Portland, Goose Hollow is one of Portland’s oldest neighborhoods and is located near the popular Forest Park, Nob Hill and Arlington Heights neighborhoods. Lincoln High School, the oldest high school in the Pacific Northwest, was established in this neighborhood in 1869. Many of the meticulously maintained old houses serve as both residential and commercial spaces.

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