The most expensive neighborhoods in Portland, Oregon

Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand keeping many on the sidelines. This comes amid rising economic uncertainty and growing wealth concentration. But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are still selling, even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Portland, Oregon metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Forest Highlands (Lake Oswego, OR)

Median sale price: $2,250,000 | Median days on market: 308 days

12846 Boones Ferry Rd, Lake Oswego, OR 97035
- List price: $425,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,182
- See 12846 Boones Ferry Rd, Lake Oswego, OR 97035 on Redfin.com

13733 Knaus Rd, Lake Oswego, OR 97034
- List price: $2,899,000
- Beds: 4 | Baths: 3.5 | Square feet: 4,058
- See 13733 Knaus Rd, Lake Oswego, OR 97034 on Redfin.com

642 Iron Mountain Blvd, Lake Oswego, OR 97034
- List price: $1,699,000
- Beds: 4 | Baths: 3.5 | Square feet: 4,303
- See 642 Iron Mountain Blvd, Lake Oswego, OR 97034 on Redfin.com

790 Briercliff Ln, Lake Oswego, OR 97034
- List price: $1,050,000
- Beds: 4 | Baths: 3 | Square feet: 2,055
- See 790 Briercliff Ln, Lake Oswego, OR 97034 on Redfin.com

#2. Lakeview (Lake Oswego, OR)

Median sale price: $1,924,950 | Median days on market: 56 days

1921 Indian Trl, Lake Oswego, OR 97034
- List price: $995,000
- Beds: 3 | Baths: 3 | Square feet: 2,882
- See 1921 Indian Trl, Lake Oswego, OR 97034 on Redfin.com

1990 Indian Trl, Lake Oswego, OR 97034
- List price: $1,799,000
- Beds: 4 | Baths: 3 | Square feet: 3,690
- See 1990 Indian Trl, Lake Oswego, OR 97034 on Redfin.com

2240 Summit Ct, Lake Oswego, OR 97034
- List price: $3,250,000
- Beds: 3 | Baths: 3.5 | Square feet: 5,373
- See 2240 Summit Ct, Lake Oswego, OR 97034 on Redfin.com

3600 Lakeview Blvd, Lake Oswego, OR 97035
- List price: $5,995,000
- Beds: 5 | Baths: 4 | Square feet: 5,510
- See 3600 Lakeview Blvd, Lake Oswego, OR 97035 on Redfin.com

#3. North Shore Country Club (Lake Oswego, OR)

Median sale price: $1,850,000 | Median days on market: 25 days

1308 Northshore Rd, Lake Oswego, OR 97034
- List price: $4,595,000
- Beds: 4 | Baths: 3.5 | Square feet: 4,194
- See 1308 Northshore Rd, Lake Oswego, OR 97034 on Redfin.com

149 Iron Mountain Blvd, Lake Oswego, OR 97034
- List price: $2,049,000
- Beds: 5 | Baths: 3.5 | Square feet: 4,551
- See 149 Iron Mountain Blvd, Lake Oswego, OR 97034 on Redfin.com

15400 Diamond Head Rd, Lake Oswego, OR 97034
- List price: $2,775,000
- Beds: 4 | Baths: 3.5 | Square feet: 3,417
- See 15400 Diamond Head Rd, Lake Oswego, OR 97034 on Redfin.com

1572 Chandler Rd, Lake Oswego, OR 97034
- List price: $3,998,000
- Beds: 5 | Baths: 4.5 | Square feet: 4,869
- See 1572 Chandler Rd, Lake Oswego, OR 97034 on Redfin.com

#4. Far West (Wilsonville, OR)

Median sale price: $1,800,000 | Median days on market: 31 days

2945 SW Homesteader Rd, West Linn, OR 97068
- List price: $3,500,000
- Beds: 4 | Baths: 5 | Square feet: 5,584
- See 2945 SW Homesteader Rd, West Linn, OR 97068 on Redfin.com

31616 SW Isle Way Ln, West Linn, OR 97068
- List price: $1,550,000
- Beds: 5 | Baths: 2 | Square feet: 2,408
- See 31616 SW Isle Way Ln, West Linn, OR 97068 on Redfin.com

31678 SW Isle Way Ln, West Linn, OR 97068
- List price: $2,135,000
- Beds: 3 | Baths: 3 | Square feet: 3,491
- See 31678 SW Isle Way Ln, West Linn, OR 97068 on Redfin.com

527 SW Hoffman Rd, West Linn, OR 97068
- List price: $3,200,000
- Beds: 5 | Baths: 4.5 | Square feet: 5,384
- See 527 SW Hoffman Rd, West Linn, OR 97068 on Redfin.com

#5. Tualatin Valley (West Linn, OR)

Median sale price: $1,762,500 | Median days on market: 8 days

22875 SW Johnson Rd, West Linn, OR 97068
- List price: $2,295,000
- Beds: 5 | Baths: 5 | Square feet: 4,683
- See 22875 SW Johnson Rd, West Linn, OR 97068 on Redfin.com

2350 SW Turner Rd, West Linn, OR 97068
- List price: $1,970,000
- Beds: 4 | Baths: 4 | Square feet: 4,929
- See 2350 SW Turner Rd, West Linn, OR 97068 on Redfin.com

24800 SW Big Fir Rd, West Linn, OR 97068
- List price: $1,998,000
- Beds: 5 | Baths: 5 | Square feet: 5,107
- See 24800 SW Big Fir Rd, West Linn, OR 97068 on Redfin.com

2850 SW Turner Rd, West Linn, OR 97068
- List price: $2,498,000
- Beds: 4 | Baths: 4 | Square feet: 4,017
- See 2850 SW Turner Rd, West Linn, OR 97068 on Redfin.com