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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Lloyd District

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Average Home Price: $237,929

Largely dominated by the Lloyd Center shopping mall (complete with its own indoor ice skating rink!), plus a lot of chain restaurants, this neighborhood feels unlike any other in Portland. The Oregon Convention Center and the Moda Center are in the area too. It’s a popular district when there’s an event, but otherwise kind of bland. Serviced by the MAX light rail.

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Sunderland

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Average Home Price: $323,600

While primarily an industrial district, Sunderland does have a small residential area along NE Marine Drive. The area is home to warehouses, supply yards, and wetlands. There are pockets of contemporary and new construction homes as well as houseboats along the Columbia river. The Dignity Village homeless settlement is also located in Sunderland.

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Sumner

Average Home Price: $372,013

Sumner is a neighborhood in the Northeast section of Portland, including the portion of the city of Maywood Park west of Interstate 205. The area is home to the Portland International Airport to the north with no residences surrounding it. The area north of Columbia Blvd. is industrial and commercial.

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Parkrose/Parkrose Heights

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Average Home Price: $392,228

The Parkrose area had been a small farming and residential suburb of Portland until the 1920s and was annexed by Portland in 1980. Located close to the airport and near major roads, commuting from the mostly residential suburban neighborhoods of Parkrose and Parkrose Heights is easy. The busier streets provide ample shopping and dining opportunities. The Parkrose/Sumner Transit Center is served by the Red line of the Max Light Rail and I-205 runs through the neighborhoods.

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Madison South

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Average Home Price: $427,019

This neighborhood is wedged between Interstate 84 to the south, Interstate 205 to the east, NE Sandy Boulevard to the north, and NE 65th Avenue to the west. Madison South has a number of interesting features including the inactive volcanic cinder cone Rocky Butte, Catholic nature sanctuary The Grotto, and the Alameda Ridge, a gravel bar left over from the Missoula Floods. A number of restaurants and amenities may be found on NE Sandy.

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Roseway

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Average Home Price: $435,826

Roseway is located in Northeast Portland and is bordered by the Rose City Park, Beaumont-Wilshire, Cully, Sumner, and Madison South neighborhoods. Roseway features small to mid-sized single family homes in classic vintage styles like Ranches, Cape Cods, Tudors, and Bungalows. Most neighborhood streets are quiet with some mature trees.

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Cully

Average Home Price: $441,667

Cully is a culturally and economically diverse mix of commercial and residential development. The modest homes on large lots are an urban farmer’s dream. In addition, recent improvements to streets and bike routes and the promise of a 25-acre park prove that Cully is truly an emerging neighborhood. Among residents, there is a strong sense of community identity and active local involvement to improve the quality and livability of the area.

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Argay Terrace

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Average Home Price: $464,614

Argay Terrace is a Northeast Portland subdivision primarily built in the 1960s. Consisting mainly of mid-century ranch homes, the neighborhood was designed to prevent high traffic streets, has a number of green walkways, a park, and is quite an attractive area. Close proximity to the I84 Freeway provides easy commuting into Portland or road trips through The Gorge.

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Hollywood

Average Home Price: $498,154

Renamed for its historic 1920s Hollywood Theatre, the Hollywood neighborhood is a mixed commercial and residential area and tends to serve as a shopping district to the adjacent neighborhoods. The Hollywood District also figures in Beverly Cleary’s Klickitat Street series of books. Serviced by the MAX light rail and multiple bus lines.

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Maywood Park

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Average Home Price: $507,675

Just six miles east of downtown Portland, Maywood Park is just east of Rocky Butte. Vintage homes and quiet streets are tucked in among old growth timber. Maywood Park is the area’s noted “city within a city” and was incorporated in 1967. Maywood Park is surrounded on all sides by the city of Portland and includes a scenic section of the area’s famed 40-Mile Loop multi-use path.

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