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.
Home Trends in East Deering, ME
On average, homes in East Deering, Portland sell after 17 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
$298,500
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$366
Number of Homes for Sale
8
Last 12 months Home Sales
25
Median List Price
$440,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
