Why Live in University Park
University Park in Portland is a neighborhood named after the University of Portland, a Catholic liberal arts institution offering various undergraduate and graduate programs. The area has a small-town feel, with tree-lined streets and colorful properties, including Cape Cod, Foursquare, and Arts and Crafts homes, many built post-World War II. Families in University Park send their children to Portland Public Schools. The neighborhood features several parks, with Columbia Park being a standout due to its softball field, tennis court, accessible playground, and nature patch. Other parks include McKenna Park and Portsmouth Park. North Lombard Street, running along the top of the neighborhood, is lined with local shops and eateries, including the popular New Seasons Market and Chill N Fill, known for its wine and cider selection and special events. Residents can also find groceries at Fred Meyer, located within 1 mile. The neighborhood is well-connected by TriMet bus stops, and many residents bike or drive. Portland International Airport is about 9 miles away, and the nearest emergency room is at Legacy Emanuel Medical Center, about 5 miles away. University Park is quieter compared to other parts of the city, with minimal disruption from the nearby Swan Island Industrial Park, aside from occasional train noise.
Home Trends in University Park, OR
On average, homes in University Park, Portland sell after 60 days on the market compared to the national average of 52 days. The median sale price for homes in University Park, Portland over the last 12 months is $565,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$565,000
Median Single Family Sale Price
$575,000
Median 2 Bedroom Sale Price
$342,900
Average Price Per Sq Ft
$319
Number of Homes for Sale
22
Last 12 months Home Sales
74
Median List Price
$550,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
