Why Live in Old Town Chinatown
Old Town Chinatown, located just 1 mile from Downtown Portland, is the city's oldest neighborhood and official Chinatown. Marked by the 1986 Chinatown Gateway, the area celebrates its rich history of Chinese and Japanese immigrants. The neighborhood features a mix of commercial office spaces, bars, nightclubs, and trendy eateries. Popular dining spots include Sushi Ichiban, Voodoo Doughnut, and Deadstock Coffee Roasters. Residents can also enjoy arcade games at Ground Kontrol and snacks from Goodies Snack Shop. Essential shopping is available at Old Town Grocery and World Foods, while Powell’s City of Books and Pioneer Place offer extensive retail options. Housing primarily consists of 1980s postmodernist condos and townhouses, many with views of the Willamette River. The area is known for its noise, especially during rush hour, but offers green spaces and walking paths along the waterfront. Cultural attractions include the Roseland Theater, Japanese American Museum of Oregon, Portland Chinatown Museum, and Oregon Jewish Museum and Center for Holocaust Education. The Lan Su Chinese Garden provides a botanical retreat, while Governor Tom McCall Waterfront Park offers trails and public art. The Portland Saturday Market runs from March to December at Waterfront Park. Transportation is convenient with four Max Light Rail lines, Portland Union Station, and Highway 99W. Educational options include the highly rated Lincoln High School.
Home Trends in Old Town Chinatown, OR
On average, homes in Old Town Chinatown, Portland sell after 184 days on the market compared to the national average of 52 days. The median sale price for homes in Old Town Chinatown, Portland over the last 12 months is $227,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$227,000
Median 2 Bedroom Sale Price
$279,450
Median 1 Bedroom Sale Price
$242,450
Average Price Per Sq Ft
$305
Number of Homes for Sale
20
Last 12 months Home Sales
17
Median List Price
$280,000
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
-2%