By Aryne + Dulcinea, June 14, 2018
By Aryne + Dulcinea, June 14, 2018
THE HISTORY:
Portland’s King Neighborhood serves as a prime example of the complicated social history that permeates Oregon. Once a designated district for redlining, professional organizations would penalize REALTORS® for selling homes to African-Americans outside of the district. Consequently, King has served as a cultural hub for Portland’s black community for many decades and still maintains a distinct population of socially-minded and multi-cultural residents.
THE MARKET:
Portland’s King Neighborhood has demonstrated steady growth in the real estate market for nearly a decade. The area features an eclectic collections of home styles, ranging from craftsman to modern varieties. The diverse home composition adds to King’s charm, which serves as a major drawer for home buyers. This area projected to experience rapid market growth in the coming years, and Portland Monthly anticipates a 5-year median price change of 51.1%. Home to over 6,500 people, 50% of King residents own their homes.
WHAT WE LOVE ABOUT KING:
This is our stopping ground! We love living and working in this neighborhood. Located along a prominent throughway, King provides direct access to several of Portland’s prominent eateries and neighboring districts. Its centrally-located nature makes it one of the best neighborhoods to commute from, earning a Walk Score of 90 and a bike score of 98. Of course, residents don’t need to commute far to have most of their needs met. Portland’s King Neighborhood has over 125 restaurants, and individuals can walk to an average of 7 restaurants, bars and coffee shops within 5 minutes.
NEARBY DESTINATIONS:
Food: Ned Ludd, Gojo Ethiopian Restaurant, Bamboo Sushi, Tin Shed
Activities: King Farmer’s Market, Alberta Street Pub, Curious Comedy
Local Business: Living Room Realty – Office of Aryne + Dulcinea (Come on in and say hi!), Frock Boutique, Country Financial, Modern Domestic, Terrell Brandon Barbershop
DEMOGRAPHICS (2010 CENSUS)
Residents: 6,149
Median Age: 32.8
Under 18 years: 18.4%
18 to 64 years: 75.9%
65 years and over: 6.7%
COMPARABLE NEIGHBORHOODS:
Buckman
Average Home: $556,000
Kerns
Average Home: $538,800
Sabin
Average Home: $752,097
For more insight into neighborhood trends within Northeast Portland, view our comprehensive real estate data set below.
ABOUT US
Portland, Oregon is a quirky, intelligent, and a design oriented city with a love of all things local. And for Aryne + Dulcinea, Portland is home! In 2012, Aryne and Dulcinea saw an opportunity to turn their passion for Portland and living well into an optimal client experience. By joining both their creative and technical talents, they have developed a unique and holistic experience that is rooted in their commitment to service. Aryne + Dulcinea are Earth Advantage Brokers and ADU Certified Specialists and with over 15 years combined experience, take pride in their knowledge of versatile work/live spaces, green building, and high performing homes. Whether you are outgrowing your home, needing to pare down, ready to own more than one property, or just wanting another view out your window — they get it!