Curb Appeal Vol. 6: The Housing Market in Portland’s Sabin Neighborhood

NEIGHBORHOOD SPOTLIGHT: SABIN

THE HISTORY:

Since its development in the 1880s, the area now known as Portland’s Sabin neighborhood has experienced a number of socio-economic shifts. Evolving from a community of immigrant workers, this tight-knit neighborhood experienced significant expansion to accommodate many of the 17,500 refugees who fled the devastating Vanport flood. Presently, Portland’s Sabin Neighborhood is a city leader in cultural and economic diversity, while still maintaining its heart as an inclusive and community-focused district.

THE MARKET:

The housing market in Portland’s Sabin neighborhood is notable for featuring many charming craftsman and old-style Portland homes, which are currently selling for an average price of $639,739. According to Portland Monthly’s most recent real estate market study, housing market in Portland’s Sabin is the fifth-fastest moving market citywide. In this capacity, homes spend an average of only 16 days on the market. Additionally, the report estimates a growth of 58.7% in average home prices over the next five years.

WHAT WE LOVE ABOUT SABIN:

Portland’s Sabin neighborhood is primarily residential, but offers a variety of community-focused outdoor attractions. Among these are the self-guided Bee-Friendly Garden Tourand the Sabin HydroPark, featuring two historic water towers. Locals know that the relatively quiet ambiance of Sabin is a misnomer, as the neighborhood actually features some of Portland’s premiere dining establishments. On average, the 4,000+ residents in Sabin can walk to three restaurants, bars or coffee shops in less than five minutes.

NEARBY DESTINATIONS:

Food: Acadia, Pok Pok Noi, Verdigris Restaurant, Mojos Sushi,Cafe Destino,Grain & Gristle

Late Night: Daddy Mojo’s Cafe,Grain and Gristle, County Cork Public House

Activities: Bee-Friendly Garden Tour, Sabin HydroPark,Irving Park,Albina Library,  Portland’s RerunVintage Shop.

DEMOGRAPHICS (2010 CENSUS)

Residents: 4,149

Median Age: 37.3

Under 18 years: 19.9%

18 to 64 years: 73%

65 years and over: 7.1%

COMPARABLE NEIGHBORHOODS:

Irvington

Average Home: $769,902

Laurelhurst

Average Home: $594,614

Vernon

Average Home: $615, 869

For more insight into the housing market in Portland’s Sabin neighborhood northeast neighborhood trends, view our comprehensive real estate data set below.

Aryne + Dulcinea

Earth Advantage & ADU Specialist Brokers

Click here to get to know Aryne + Dulcinea! As full-service agents with over 17 years of dynamic experience, Aryne + Dulcinea understand how to navigate the unique challenges facing the Portland real estate market. The secret to their success lies in their complementary skill sets. In 2012, Aryne + Dulcinea saw an opportunity to combine their creative and technical wisdom to create a values-driven, full-service agency unlike any other. As expert negotiators and project management mavens with strong backgrounds in creative marketing, Aryne + Dulcinea serve as fierce advocates for their clients. Their passion for real estate relates closely to their commitment to the Portland way of life, which entails a dedication to sustainability and appreciation for all things local. As Earth Advantage Brokers and ADU Certified Specialists, Aryne + Dulcinea are savvy in all aspects of alternative living practices—from versatile housing additions, green building practices, and revenue-generating strategies. Over the course of their professional partnership, Aryne + Dulcinea have helped nearly 200 clients prosper in their new lives. During this time, they have prided themselves on their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching you real estate goals.

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