Why Live in South Portland
South Portland, bordered by the Willamette River and the Tualatin Mountains, stretches from Downtown to the Sellwood Bridge. This neighborhood features a mix of commercial, retail, and residential areas, with homes ranging from historic bungalows and colonial revival builds to modern riverfront condos. The area is divided into two main subsections: John’s Landing, known for its older homes and classic Portland architecture, and South Waterfront, characterized by newer builds and high-rise condos. Residents enjoy proximity to downtown Portland’s nightlife, eateries, concerts, and theater, as well as outdoor attractions like the Willamette River, the Oregon Zoo, and Mt. Hood. Parks line the neighborhood, with a mixed-use riverside trail connecting local parks along the waterfront and Marquam Nature Park offering hikes with panoramic city views. South Portland is also a popular spot for boating, with fishing, rowing, and sailing available along the Willamette. The neighborhood is part of the Portland Public School District, with highly rated schools such as Capitol Hill Elementary, Gray Middle School, and Lincoln High School. Dining options include casual sit-down spots like Bamboo Grove and Buffalo Gap Saloon & Eatery, and the up-and-coming Siam Umami. For groceries, residents can visit Zupan’s on the south side. The annual Waterfront Blues Festival is a notable event, drawing large crowds with performances by over 100 blues and R&B musicians. Commuting is facilitated by I-5, though the light rail system only extends to the northern part of the neighborhood. The Portland International Airport is 10 miles northeast.
Home Trends in South Portland, OR
On average, homes in South Portland, Portland sell after 67 days on the market compared to the national average of 52 days. The median sale price for homes in South Portland, Portland over the last 12 months is $520,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$520,000
Median Single Family Sale Price
$669,900
Median Townhouse Sale Price
$502,450
Median 2 Bedroom Sale Price
$449,950
Median 1 Bedroom Sale Price
$297,000
Average Price Per Sq Ft
$333
Number of Homes for Sale
51
Last 12 months Home Sales
87
Median List Price
$540,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
