Recently Sold Homes in Downtown, Portland

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United StatesOregonPortlandDowntown

Downtown Real Estate Insights

Downtown is a neighborhood located in Portland, Oregon.

Downtown boasts a high number of restaurants in the surrounding area, such as food stands, Middle Eastern and French, making it a great place for food fans. There are some great places to hang out at night in this neighborhood, which has several different choices for a wide variety of people. The center of all things entertainment, you can satisfy all of your senses with the performing arts spots, music halls and museums here. In some places your only chance for fun is hanging out at the mall, but around Downtown you can enjoy biking, playing at the park and playing at recreation centers instead. The shopping is top notch in this place, there are quite a few stores and great boutiques to chose from, such as luggage stores, art galleries and jewelers. Many of the residents don't drive all the way to work thanks to the fact that Downtown has great transit and buses run late into the night. Commuting on foot is common in this area so join the others in your neighborhood and improve your health by walking to where you need to go.

In Downtown, there is only a low percentage of homes that are actually occupied by their owners. When you're out and about it's clear to see that this neighborhood seems to attract more singles than married couples or families. Residents of Downtown have a lower median income than average.

Home prices in Downtown noticeably rose 17.4 percent year-over-year in this year, reaching [an average listing price of $451,605] from a previous $384,661. In the meantime, the local for-sale market inventory slightly declined 7.7 percent last year to reach 24 for-sale listings. You don't even have to leave the comfort of your own home in order to enjoy the summer here, since your home will most likely have its own swimming pool for you to cool off in. Some of the properties around here have balconies attached to them, a great way to relax while enjoying the views. You'll be able to enjoy a thorough workout thanks to the variety of different equipment on offer at the excellent fitness centers in the area.