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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Irvington

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Average Home Price: $939,508

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: $872,507

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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Laurelhurst

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Average Home Price: $865,252

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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Alameda

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Average Home Price: $836,134

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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Beaumont-Wilshire

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Average Home Price: $739,430

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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Sabin

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Average Home Price: $734,465

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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Kerns

Average Home Price: $645,635

Kerns is relatively close-in to downtown Portland and a fairly urban neighborhood. As Kerns covers a smallish area, there is not a lot of residential property within Kerns, but what there is consists of older east Portland homes, many of which have been converted over the years into multi-family units and multiplexes. Portland four-squares and large Craftsman style bungalows line the streets, tucked into the more commercial areas. Kerns has many popular Portland restaurants and locally owned businesses.

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Sullivan’s Gulch

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Average Home Price: $631,923

Sullivan’s Gulch is an urban residential area that is located within walking distance to dining, shopping, and other entertainment. This well-established community has a mix of older East Portland homes, usually mid-sized to larger family homes located on streets with mature trees. Condos have been added in recent years. There are also some lovely vintage apartments and plexes for rent.

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Boise-Eliot

Average Home Price: $626,577

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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Rose City Park

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Average Home Price: $611,015

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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