Portland is an active metro center that defies the stereotypes of urban living. The city is divided into eight regions which represent distinct and close-knit communities. Northeast Portland's real estate options include a variety of listings for single-family homes, condominiums, townhouses, and land for custom building.
Portland differs from other cities of its size because it offers an extensive park system, strong sense of community pride, excellent mass transit options, and a pedestrian and bicycle-friendly layout. The northeast area of the city is comprised of the following neighborhoods: Woodlawn, Vernon, Concordia, Alameda, Grant Park, Sullivan's Gulch, Irvington, Sabin, Eliot, Boise, Wilshire, Beaumont, Rose Way and Humboldt. Eliot, Irvington and Sullivan's Gulch are located just a few miles north of downtown Portland. The remaining northeast neighborhoods are within 15 minutes of downtown by car or by MAX, Portland's light rail system. Residents may be established homeowners, families, urban professionals or artists.
Popular activities are mainly centered on enjoying the eccentricity of the Portland culture. Coffee houses, bookstores, clothing boutiques, pubs and bars are all local gathering places. The entertainment and arts scenes are lively; music performances can be found throughout the city, and the streets are peppered with art galleries and theaters, particularly in Concordia and the Alberta Arts District. A walk through the historic Irvington neighborhood is equally entertaining. As well, neighborhood parks provide athletic fields and courts, playgrounds, picnic areas and walking trails.
Portland Real Estate Market: Price Range of Portland Northeast Houses for Sale
Much of Portland's charm comes from its diversity. Eclectic neighborhoods offer a wide variety of home styles and architecture, including English Tudor, Queen Anne, craftsman, colonial revival, prairie style and bungalows. Streets may be lined with trees and stately historic homes or have a more urban feel, with street shopping and pedestrian traffic.
Prices for homes in Northeast Portland range from $155,000 to upwards of $4 million. Mid-range, family homes in Northeast Portland are priced in the mid-$200,000s. The selection of condominiums/townhouses in Northeast Portland is diverse as well, with units available in high-rises or low-rise, townhouse-style complexes. Most units have two or three bedrooms and prices range from $115,000 - $500,000. Prices can run as high as $3 million. For those who wish to custom build, land is also available though somewhat limited.
Portland Northeast Real Estate Stats and Trends for the week of October 5th, 2015: homes priced around $619,080 compared to $649,361 the previous week, showing a decrease of less than -5%. For Thursday, October 8th, the current national mortgage rate for a 30 year fixed mortgage is 3.84%; the 15 year fixed rate is at 2.87%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.14%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Portland Northeast OR. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Portland Northeast to help you find the best home!