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Pleasant Valley

Pleasant Valley

Neighborhood in Portland, Oregon

Multnomah County 97080, 97236, 97266

$591,958 Average Value
$283 Average Price per Sq Ft
49 Homes For Sale

Part of broader East Portland, the Pleasant Valley neighborhood is an outdoor lover’s paradise, awash in green space, public parks and dedicated trails for hiking and biking. Situated just 10 miles from Downtown Portland via US 26 East, the hustle and bustle of the city you see in the distance feels a world away on these calm streets. “It’s a very family-friendly neighborhood, very nice and secluded,” says William Mohring, President of the Pleasant Valley Neighborhood Association. “It’s both urban, meaning you have planned amenities like stores and coffee shops, but it’s well outside of downtown, so it has a sparse suburban feel, as opposed to a concrete jungle.”

The real estate market in Pleasant Valley is somewhat competitive but only slightly weighted toward sellers, representing a shift since interest rates started climbing in 2022. “Homes stay on the market for under two months, which is comparable to last year,” Mohring says. In October 2023, the 12-month median for a single-family home was $565,000, slightly higher than in greater Portland. Homes range in price from around $400,000 on the low end to over $800,000 on the high end.

“Inventory is a bit limited compared to surrounding areas because we’re less of a transient type of area,” Mohring says. “We’re near 85% homeownership rate, which is a big number for any neighborhood.” There is not a diversity of housing in Pleasant Valley, with only a handful of townhouses and no inventory of condos. Pleasant Valley’s home building began at a slow pace prior to 1939 before really booming during the post-World War II era in the 1950s, ’60 and ‘70s. The building has stayed steady since, with about 800 homes being added each decade. Many of the older homes have had major renovations, and new construction with expansive floor plans is the norm. The streets are lush and green, with dedicated sidewalks and meticulous landscaping – the curb appeal here is real.

Families with children in Pleasant Valley are served by the Centennial School District, an average public school district with an A-plus in diversity from Niche. There are no community schools in the boundaries of the neighborhood, but kids can start their education at Butler Creek Elementary, an above-average institution with a B grade. The school places special emphasis on social and emotional development and outdoor time. Centennial Middle School is graded B by Niche, with an A-plus in diversity. The school underwent wide-scale renovations during a 2020 bond project and offers a full slate of music and fitness classes. Students then move on to Centennial High School, the No. 4 Niche standout high school in the Portland area with a B grade. The school’s Center for Advanced Learning allows students for two years to spend half a day in their chosen career program and half the day in high school classes.

Quiet by design and primarily residential, Pleasant Valley doesn’t have a traditional business district, but there is scattered commercial development around the area. For stocking up on groceries and essentials, there’s a Walmart Neighborhood Market on West Powell Boulevard in neighboring Gresham. “Part of the long-term vision is a business district and a community center to anchor life for residents,” Mohring says.

The Leach Botanical Garden on 122nd Avenue is a neighborhood gem, with more than 2,000 plant species spanning over 16 acres near the edge of Johnson Creek. A magical, restorative urban experience, the garden promises meandering wooded trails through the massive evergreens, an aerial tree walk and a four-season pollinator garden. Set amid the tall cedars, weeping willows and shimmering lakes, Lakeside Gardens is a private event facility surrounded by a stunning botanical backdrop. The swans on the lake offer a picture-perfect opportunity for guests to snap a memory-making selfie. One Green World is a unique nursery that specializes in fruiting plants, popular with the self-sustaining lifestyle.

Portland is known for parks and cultivated green space, and Pleasant Valley delivers a high concentration of both. “We are known for our parks our parks here; they’re a big draw,” Mohring says. “Powell Butte Nature Park is 600 acres of meadowland and forest; it’s one of the crown jewels of this side of Portland.” Miles of dedicated trails accommodate hikers, mountain bikers, and even horseback riders – just watch out for the abundant wildlife. A classic family park for parents with children, Gilbert Primary Park has a futuristic new all-ages playground that is ADA-compliant. The park is a peaceful respite and perfect for a leisurely stroll down a scenic walking path.

Amber Steinmetz-Cole
Written By
Amber Steinmetz-Cole
Brian Lee
Photography Contributed By
Brian Lee
Pasha Chichagov
Video By
Pasha Chichagov

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Shareef Hagag, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Portland International

21 min drive

Bus

12300 Block SE Foster

Bus

SE Powell & 174th

Crime and Safety

1 - Low Crime, 10 - High Crime Pleasant Valley US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$540,000
Median Single Family Price
$555,900
Median Townhouse Price
$435,100
Average Price Per Sq Ft
$283
Number of Homes for Sale
49
Last 12 months Home Sales
139
Months of Supply
4.20
Median List Price
$557,900
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
-4%

Home Facts

Number of Homes in Neighborhood
2,881
Median Year Built
1997
Avg. Single Family Home Size Sq Ft
2,198
Above the national average
1,935
Average Townhouse Size Sq Ft
1,794
Median Lot Size Sq Ft
9,147

Open Houses

  • Saturday, Apr 26
    10am - 1pm

    15511 SE Belmore Heights, Portland, OR 97236

    $639,000

    • 5 Beds
    • 3.5 Baths
    • 2,681 Sq Ft
    • 15511 SE Belmore Heights
    • New 1 day ago

    Discover this stunning 5 bedroom contemporary Craftsman home nestled in the heart of Pleasant Valley. Ideally located bordering the scenic Clatsop Butte Trail & just 1/4 block from Clatsop Butte City Park, this home offers the perfect blend of nature & neighborhood charm. Inside, you’ll find all 5 bedrooms upstairs(including 2 en-suites), with a total of 3 bathrooms upstairs. Laundry room

    Sylvia Groce RE/MAX Equity Group

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  • Saturday, Apr 26
    10am - 12pm

    7470 SE 118th Dr, Portland, OR 97266

    $525,000

    • 4 Beds
    • 3 Baths
    • 2,382 Sq Ft
    • 7470 SE 118th Dr
    • New 2 days ago

    Calling all nature lovers! Live among the trees in this super light-filled stunner of a home! You'll be able to enjoy the outdoors in all seasons with the updated skylights, the sunroom patio, and the many wrap around porches and decks. Inside you'll find many wonderful updates throughout. You're greeted on the main level with a beautiful brick fireplace, hardwoods, and a window-lined living

    Tai Faux Think Real Estate

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  • Friday, Apr 25
    6 - 8pm

    12349 SE Knapp St, Portland, OR 97236

    $675,000

    • 5 Beds
    • 2 Baths
    • 3,203 Sq Ft
    • 12349 SE Knapp St
    • New 3 days ago

    Urban Oasis on Nearly Half an Acre- Tucked away on a tranquil .43-acre lot, this beautifully preserved and thoughtfully updated mid-century gem offers a rare blend of classic charm and modern convenience. With 5 spacious bedrooms and 2 full bathrooms, this light-filled home is an exceptional retreat—just minutes from the city and the peaceful trails of Leach Botanical Garden, yet surrounded by

    Cristina John Keller Williams Realty Professionals

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Shareef Hagag, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
8,719
Median Age
42
Population Density
3 ppl/acre
Population under 18
22.9%
On par with the national average
23.8%
Population over 65
19.4%
On par with the national average
19.1%

Finances

Median Household Income
$106,689
Significantly above the national average
$71,702
Average Household Income
$121,907

Education and Workforce

High School Graduates
91.8%
College Graduates
38%
On par with the national average
34.1%
Advanced Degrees
16.6%
On par with the national average
13.3%
% Population in Labor Force
64.5%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
33°F
Average Summer High Temperature
81°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®

29 / 100

Car-Dependent

Walk Score®

7 / 100

Minimal Transit

Transit Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Pleasant Valley