Why Live in Pleasant Valley
Pleasant Valley in Portland, part of East Portland, is a neighborhood rich in green spaces, public parks, and trails, making it ideal for outdoor activities. Located 10 miles from Downtown Portland via US 26 East, it offers a serene suburban feel with urban amenities like stores and coffee shops. The real estate market here is somewhat competitive, with homes typically staying on the market for under two months. The neighborhood features primarily single-family homes, many of which have been renovated or are new constructions with expansive floor plans. Pleasant Valley has a high homeownership rate of around 85%, with limited inventory of townhouses and no condos. The Centennial School District serves the area, with Butler Creek Elementary, Centennial Middle School, and Centennial High School providing education for local children. While there is no traditional business district, residents can shop at the nearby Walmart Neighborhood Market in Gresham. Points of interest include the Leach Botanical Garden, which boasts over 2,000 plant species and scenic trails, and Lakeside Gardens, a private event facility surrounded by botanical beauty. One Green World nursery is popular for those interested in fruiting plants. Powell Butte Nature Park offers 600 acres of meadowland and forest with trails for hiking, biking, and horseback riding, while Gilbert Primary Park features an ADA-compliant playground and scenic walking paths. The neighborhood has a low crime risk compared to the national average, adding to its appeal for families seeking a peaceful environment.
Home Trends in Pleasant Valley, OR
On average, homes in Pleasant Valley, Portland sell after 87 days on the market compared to the national average of 51 days. The median sale price for homes in Pleasant Valley, Portland over the last 12 months is $546,500, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$546,500
Median Single Family Sale Price
$561,923
Median Townhouse Sale Price
$434,100
Average Price Per Sq Ft
$282
Number of Homes for Sale
113
Last 12 months Home Sales
138
Median List Price
$548,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%