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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Overlook

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Average Home Price: $585,859

Overlook feels a bit secluded as it is bordered by Interstate and a bluff, but its location offers convenient access to other local neighborhoods and downtown. Many local restaurants and bars thrive along the main thoroughfares and the neighborhood is served by the MAX line. Though Overlook’s vibe is notably less urban than that of its neighbors, Overlook offers excellent bike access to downtown Portland, easy mass transit options, and is about a 5 minute drive to downtown Portland.

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Piedmont

Average Home Price: $509,243

In the last few years, new homes have been built and older houses have been remodeled. New and younger homeowners moved in and have worked to develop this area as solid North Portland neighborhood. The MAX Yellow line is just a few blocks west and due to the proximity of I-5, a convenient commute to downtown Portland. Piedmont was Portland’s first subdivision and is coming into its own again. Piedmont is also home to the beautiful Peninsula Park and Rose Garden.

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Portsmouth

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Average Home Price: $434,720

Bordered by St. Johns and Kenton, Portsmouth still admittedly has some rough areas. Due to the affordability of homes and the recent influx of new, younger homebuyers, Portsmouth is evolving into a more family-friendly environment. There is an active community working to improve the neighborhood as a whole.

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