Why Live in Periwinkle
Periwinkle, a neighborhood in Albany, offers a blend of scenic routes, historic charm, and modern amenities. The Periwinkle Creek Bike Path connects residents to two city parks, the Heritage Mall, and the Monteith Historic District, where 19th-century architecture meets trendy downtown shops. The neighborhood is known for its annual Northwest Art & Air Festival at Timber Linn Memorial Park, attracting over 40,000 visitors to watch hot air balloons. Homes in Periwinkle range from new traditional-style and modern Prairie homes to one-story Craftsman dwellings, with some manufactured homes in communities like Shorewood Estates. The Greater Albany Public School District is highly rated, serving over 10,000 students. While Periwinkle is car-dependent, some areas are walkable, and bike lanes are present. The Albany Transit System and Amtrak provide transportation options, with Interstate 5 offering access to Salem, Portland, and Eugene. Local parks such as Grand Prairie Park, Lexington Park, and Deerfield Park provide recreational spaces, while the Albany Community Pool offers swimming and aerobics. Heritage Mall, less than a mile north, features 47 retailers, including Old Navy and Bath & Body Works. Dining options include PizzAmoré and La Roca, with grocery stores like Safeway and Fred Meyer nearby. The neighborhood hosts events like the River Rhythms and Summer Sounds concerts, and the Albany Farmers Market is a popular spot for fresh produce. Periwinkle's crime rate is lower than the national average, making it a safer place to live.
Home Trends in Periwinkle, OR
On average, homes in Periwinkle, Albany sell after 81 days on the market compared to the national average of 69 days. The median sale price for homes in Periwinkle, Albany over the last 12 months is $434,000, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$434,000
Median Single Family Sale Price
$547,000
Median Townhouse Sale Price
$231,900
Median 2 Bedroom Sale Price
$389,000
Median 1 Bedroom Sale Price
$197,000
Average Price Per Sq Ft
$279
Number of Homes for Sale
20
Last 12 months Home Sales
99
Median List Price
$485,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
23%