Neighborhood Profile - Richmond
Richmond, nestled nicely in between Sunnyside and Mt Tabor neighborhoods in SE Portland, is where you’ll find Home Team headquarters. We are settled amid delicious restaurants, bakeries, and food carts, fabulous shops, small parks, and residences ranging from traditional craftsman style homes and new modern apartments buildings. A far cry from what it was 10 or even 5 years ago, Richmond has experienced a tidal wave of development which of course has caused some resentment from long-time residents, but most have embraced Portland’s newest hot spot. It’s a travel destination for out- of-towners and a sought-after place to reside for the young and old.
Why buy a home in the Richmond neighborhood:
Bordered by Hawthorne, Powell, 52nd and 29th, Richmond boasts a walk score of 86 (“Very Walkable”), a transit score of 53 (“Good Transit”), and a bike score of 90 (“Biker’s Paradise”). The accessibility of retail, restaurants, and groceries is a big reason why people want to live here. Division Street, in the heart of Richmond, has become a magnet for boutique shops and trendy restaurants. This coupled with the easy access to downtown has brought property values up sharply, particularly over the last 2-3 years.
Median Estimated Home Value: $420,000 - Updated: 11/1/2014
Change over last 12 months: +10.24% Median List Price: $450,000
Typical style of home:
Mostly bungalows, but with some Victorian and Mid-Century mixed in. Recently there are have been several new modern apartment buildings and a good amount of new construction single family residences and townhouses.
Schools Abernethy Elementary School Creston Elementary School Grout Elementary School Hosford Middle School Mount Tabor Middle School Franklin High School Cleveland High School Portland Public School Boundaries