Why Live in East Deering
East Deering, located in Portland, is an easternmost neighborhood experiencing significant transformation. The upcoming Roux Institute, a graduate research campus for Northeastern University, will bring a new public waterfront and retail options to the area. Despite these changes, East Deering maintains a slower pace compared to downtown Portland, which is just 10 to 15 minutes away by car. The neighborhood features a mix of home styles, including Foursquare, Victorian, Italianate, Cape Cods, Colonial Revivals, and modern condos. Payson Park, a 48-acre green space along Back Cove, offers tree-lined paths, sporting facilities, and year-round activities for families. Local dining options on Veranda Street include Veranda Thai Cuisine, Other Side Diner, and The Grateful Cup, while gourmet groceries can be found at Monte’s Fine Foods and Shaw’s. East Deering is somewhat walkable and bikeable, with trails connecting to the peninsula, but most residents rely on cars for transportation. The neighborhood is served by Greater Portland Metro buses and is about 20 minutes from the Portland International Jetport.
Frequently Asked Questions
Is East Deering a good place to live?
East Deering is a good place to live, receiving 4.1 stars from its residents. East Deering is considered very car-dependent and somewhat bikeable with some transit options. East Deering is a suburban neighborhood. East Deering has 5 parks for recreational activities. It is fairly sparse in population with 5.5 people per acre and a median age of 39. The average household income is $84,727 which is below the national average. College graduates make up 55% of residents. A majority of residents in East Deering are renters, with 53.8% of residents renting and 46.2% of residents owning their home. A
local real estate agent serving East Deering can help you decide if this neighborhood is the right one for you. Learn more on our
East Deering neighborhood guide.
How much do you need to make to afford a house in East Deering?
The median home price in East Deering is $465,000. If you put a 20% down payment of $93,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in East Deering. The average household income in East Deering is $85K.
What are the best public schools in East Deering?
The best public schools that serve East Deering are:
What are the best private schools in East Deering?
The best private schools that serve East Deering are:
What are the most popular zip codes in East Deering, Portland, ME?
What are the most popular neighborhoods near East Deering, Portland, ME?
Are home prices dropping in East Deering?
Yes, home prices in East Deering are down 8% in the last 12 months.
Home Trends in East Deering, ME
On average, homes in East Deering, Portland sell after 18 days on the market compared to the national average of 52 days. The median sale price for homes in East Deering, Portland over the last 12 months is $486,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$486,000
Median Single Family Sale Price
$535,000
Median 2 Bedroom Sale Price
$363,000
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$359
Number of Homes for Sale
0
Last 12 months Home Sales
25
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
