The Northwest District in Portland, Oregon, showcases a diverse real estate market with a mix of historic and modern properties, though multi-family homes are less prevalent. The area is renowned for its Arts and Crafts movement homes from the 1910s and 1920s and Queen Anne Victorians from the 1890s. While the neighborhood predominantly features single-family residences and modern condos, prospective multi-family home buyers might need to consider adjacent areas as the local market is more inclined towards these styles. The housing market has seen a 5% increase in the average home sale price over the past year, with homes averaging $700,925 and a price per square foot of $411. The neighborhood is highly walkable, with access to boutique shopping, trendy eateries, and highly-rated schools such as Chapman Elementary and Lincoln High School. Despite the limited availability of multi-family units, the Northwest District remains an attractive choice for those seeking a vibrant urban environment with historical charm and proximity to natural spaces like Forest Park.
