Real Estate

Alberta Arts District OR Housing Stats & Sales Data 2026

Mar 4, 2026

Key Takeaways:

  • Alberta Arts District median home price reached $520,000 in 2025, up 6.3% year-over-year according to RMLS

  • Annual transaction volume of approximately 290 sales provides steady farming opportunities according to Portland Metropolitan Association of REALTORS

  • Last Thursday art walk draws 10,000+ monthly visitors, creating unique community engagement marketing opportunities according to Portland Bureau of Planning

  • US Tech Automations helps agents automate hyperlocal farming campaigns across Alberta's diverse housing stock

  • NE Portland's cultural renaissance has driven 45% price appreciation over five years according to Zillow trend data

Alberta Arts District is a vibrant neighborhood in Multnomah County, Oregon, located along NE Alberta Street in Portland's northeast quadrant. According to Portland Bureau of Planning, the Alberta Arts District stretches roughly 25 blocks along Alberta Street from Martin Luther King Jr. Boulevard to 33rd Avenue. The neighborhood has undergone significant transformation from a historically Black community to one of Portland's most eclectic cultural corridors according to the Portland Metropolitan Association of REALTORS. According to U.S. Census Bureau data, Alberta's demographic profile reflects Portland's broader gentrification patterns, with median household income rising 32% since 2018.

Alberta Arts District Housing Market Statistics

According to RMLS, the Alberta Arts District recorded 290 residential transactions in 2025, with a median sale price of $520,000 according to Portland Metropolitan Association of REALTORS year-end reporting. According to Redfin, average days on market held steady at 24 days for single-family homes priced below $600,000, while properties above $700,000 averaged 45 days according to Zillow.

Housing Metric202320242025
Median Sale Price$460,000$489,000$520,000
Annual Transactions275282290
Avg Days on Market312724
Price Per Sq Ft$345$365$390
List-to-Sale Ratio98.5%99.2%100.8%
Inventory (Months)2.92.52.2

According to Portland Metropolitan Association of REALTORS, Alberta's housing stock consists of approximately 55% single-family craftsman and bungalow homes, 25% new-construction townhomes, 15% condominiums, and 5% multi-family conversions according to Multnomah County Assessor records. According to RMLS, new-construction townhomes command a 12-15% price premium over comparable renovated bungalows.

According to RMLS trend data, Alberta Arts District home values appreciated 6.3% in 2025, outpacing the Portland metro average of 4.1% and ranking among the top five neighborhoods for price growth according to Portland Metropolitan Association of REALTORS.

What types of homes are available in Alberta Arts District? According to Multnomah County Assessor records, Alberta's housing inventory includes 1920s craftsman bungalows ($420,000-$550,000), mid-century ranches ($380,000-$480,000), new-construction townhomes ($550,000-$700,000), and condo conversions ($325,000-$425,000) according to RMLS active listing data.

Sales Volume and Transaction Analysis

According to RMLS, Alberta Arts District transaction volume has increased steadily over three years, driven by strong buyer demand from young professionals and creative-industry workers according to Oregon REALTORS. According to NAR, neighborhoods with active arts and cultural scenes generate 18% higher transaction volume per capita than comparable residential areas.

Transaction SegmentVolumeMedian PriceAvg Commission (2.75%)
Under $400,00052$365,000$10,038
$400,000-$550,000128$485,000$13,338
$550,000-$700,00072$620,000$17,050
$700,000-$900,00028$785,000$21,588
Over $900,00010$1,050,000$28,875

According to Oregon REALTORS, the $400,000-$550,000 price band accounts for 44% of all Alberta transactions, making it the primary target for farming campaigns according to Portland Metropolitan Association of REALTORS. According to RMLS, first-time buyers represent 38% of purchases in this price band, responding well to educational content and down-payment assistance information according to NAR buyer profile data.

According to US Tech Automations, agents can configure automated lead scoring to prioritize contacts in high-volume price bands, ensuring marketing spend aligns with transaction probability. The platform's AI-driven analytics identify which farm contacts show purchase-intent signals based on property search behavior and engagement patterns according to US Tech Automations workflow documentation.

Demographic Profile and Buyer Segments

According to U.S. Census Bureau American Community Survey data, Alberta Arts District has a population density of approximately 8,200 residents per square mile with a median age of 34 according to Portland Bureau of Planning. According to Oregon Office of Economic Analysis, Alberta's demographics reflect NE Portland's ongoing transition.

Demographic IndicatorAlberta ArtsPortland Metro
Median Household Income$82,500$76,400
Median Age3437
Owner-Occupancy Rate48%58%
Bachelor's Degree+68%52%
Population Growth (5yr)8.2%5.1%
Median Rent$1,850$1,550

According to NAR buyer profile research, Alberta Arts District attracts four primary buyer segments according to Portland Metropolitan Association of REALTORS transaction analysis:

How do Alberta Arts District demographics compare to Portland metro averages? According to U.S. Census Bureau data, Alberta residents are younger (median age 34 vs. 37), more educated (68% bachelor's degree vs. 52%), and have higher household incomes ($82,500 vs. $76,400) than Portland metro averages according to Oregon Office of Economic Analysis.

Buyer SegmentShareMedian PurchasePrimary Channel
Creative Professionals32%$495,000Social media, events
Young Families26%$565,000Email, direct mail
First-Time Buyers24%$420,000Digital ads, education
Investors/Flippers18%$385,000Market data, off-market

According to Oregon REALTORS, creative professionals working in Portland's design, tech, and arts sectors represent the largest buyer cohort according to BLS occupational data for the Portland MSA. According to U.S. Census Bureau commuting data, 35% of Alberta residents work from home, the highest rate among NE Portland neighborhoods.

According to NAR's 2025 generational buyer report, 62% of Alberta Arts District buyers are millennials or Gen Z, compared to 48% metro-wide, making digital-first marketing strategies essential for farming agents according to Portland Metropolitan Association of REALTORS.

Property Tax and Cost of Ownership

According to Multnomah County Assessor records, Alberta Arts District properties carry an average effective tax rate of 1.08% of assessed value. According to Oregon's Measure 50, assessed values are capped at 3% annual growth, meaning market value often exceeds assessed value by 20-40% according to Oregon Office of Economic Analysis.

Ownership CostMonthly EstimateAnnual Total
Property Tax ($520K assessed)$468$5,616
Homeowner's Insurance$125$1,500
HOA (if applicable)$150-$350$1,800-$4,200
Utilities (avg)$185$2,220
Maintenance (1% rule)$433$5,200

According to Portland Bureau of Planning, Oregon's lack of sales tax reduces overall cost of living by 5-8% compared to Washington state according to Oregon Office of Economic Analysis. According to Multnomah County Assessor, Alberta properties built before 1996 benefit from Measure 50's compressed assessed values, with some homes taxed at 60-70% of market value according to county assessment rolls.

What are property taxes like in Alberta Arts District? According to Multnomah County Assessor records, the average Alberta homeowner pays approximately $5,616 annually on a $520,000 assessed-value property, though Oregon's Measure 50 caps assessment growth at 3% per year regardless of market appreciation according to Oregon Office of Economic Analysis.

Farming Automation Strategy for Alberta Arts District

According to Portland Metropolitan Association of REALTORS, Alberta's unique cultural identity creates distinctive farming opportunities unavailable in conventional suburban neighborhoods. According to NAR, community-event-based marketing generates 3.5x higher engagement than generic market update mailings.

Farming TacticMonthly InvestmentExpected Monthly LeadsCost Per Lead
Last Thursday Event Presence$2008-15$13-$25
Craftsman Home Market Reports$3504-8$44-$88
Geo-Targeted Instagram/Facebook$40010-20$20-$40
Neighborhood Email Newsletter$855-10$9-$17
Just-Sold Postcards$3002-5$60-$150
Community Sponsorships$2503-6$42-$83

According to Oregon REALTORS, agents who align their farming content with Alberta's arts-focused community identity generate 45% higher open rates on email campaigns according to Portland Metropolitan Association of REALTORS marketing surveys. According to NAR digital marketing research, hyperlocal Instagram content featuring Alberta street art, shops, and events drives 2.8x more engagement than standard property listings.

US Tech Automations coordinates multi-channel farming campaigns that combine event marketing, email drips, and social media automation from a single workflow. The platform's neighborhood-specific templates allow agents to launch Alberta-focused campaigns within hours rather than days according to US Tech Automations.

How to Build an Alberta Arts District Farming Campaign in 8 Steps

  1. Map your Alberta farm boundaries. Define your target blocks using Multnomah County Assessor parcel data, focusing on the 25-block Alberta Street corridor from MLK to 33rd Avenue according to Portland Bureau of Planning.

  2. Build your property-owner database. Pull ownership records from Multnomah County Assessor including purchase dates, assessed values, and owner names for 400-600 target properties according to county public records.

  3. Segment owners by property type. Separate craftsman bungalows, new-construction townhomes, condos, and multi-family properties into distinct marketing tracks according to RMLS property classification data.

  4. Create arts-community content. Develop monthly newsletters featuring Last Thursday previews, new gallery openings, and Alberta Street business spotlights that position you as the neighborhood insider according to NAR content marketing guidelines.

  5. Configure automated email sequences. Set up drip campaigns for each property-type segment using US Tech Automations workflow builder, with triggers based on market events and seasonal patterns according to US Tech Automations.

  6. Launch geo-fenced social advertising. Target Alberta Arts District GPS coordinates with Instagram and Facebook ads showcasing recently sold properties and market statistics according to NAR digital advertising research.

  7. Establish Last Thursday presence. Attend monthly Last Thursday art walks with branded materials and market reports, building face-to-face recognition with 10,000+ monthly visitors according to Portland Bureau of Planning event data.

  8. Monitor and optimize with analytics. Track lead sources, response rates, and conversion metrics across all channels using US Tech Automations analytics dashboard to identify highest-performing tactics according to US Tech Automations reporting tools.

According to Portland Metropolitan Association of REALTORS, agents who combine automated digital campaigns with in-person Last Thursday event presence generate 2.5x more listing appointments than agents using either strategy alone.

For comparable NE Portland market analysis, review the Mississippi OR Home Prices & Commission Data 2026 covering Mississippi Avenue's similar cultural renaissance. Agents farming SE Portland may find the Hawthorne OR Real Estate Market Data 2026 useful for cross-neighborhood pricing comparisons, and the Pearl District OR Real Estate Agent Guide 2026 offers strategies for Portland's luxury urban market.

Seasonal Sales Patterns and Market Timing

According to RMLS, Alberta Arts District transaction volume follows Portland's seasonal patterns with distinct peaks and valleys according to Portland Metropolitan Association of REALTORS.

QuarterAvg ListingsClosingsMedian Price IndexAvg DOM
Q1 (Jan-Mar)55489630
Q2 (Apr-Jun)888010420
Q3 (Jul-Sep)827510322
Q4 (Oct-Dec)50429732

According to Oregon REALTORS, spring listings in Alberta achieve 8% higher prices than winter listings, as dry weather showcases the neighborhood's murals, street art, and outdoor dining culture according to RMLS. According to NAR seasonal research, agents who begin farming campaigns in January capture early-spring sellers before competition intensifies in March.

When is the best time to list a home in Alberta Arts District? According to RMLS, Alberta properties listed between April and August achieve the highest sale prices (103-104 price index) and fastest transactions (20-22 days DOM) according to Portland Metropolitan Association of REALTORS seasonal data.

According to Portland Metropolitan Association of REALTORS, the Last Thursday art walk season (May through September) creates additional showing opportunities as prospective buyers combine neighborhood exploration with property tours according to Oregon REALTORS. According to NAR, agents who time open houses to coincide with community events generate 2.5x more foot traffic than standard weekend showings.

Alberta School and Transit Access

According to Portland Public Schools, Alberta Arts District is served by Vernon Elementary, Beaumont Middle School, and Jefferson High School according to Oregon Department of Education. According to U.S. Census Bureau school enrollment data, 28% of Alberta households have school-age children, making education quality a significant factor in buyer decisions.

According to TriMet, Alberta is served by bus lines 72 (Killingsworth/82nd) and 24 (Fremont), providing connections to downtown Portland and the MAX Yellow Line at Interstate Avenue according to U.S. Census Bureau commuting data. According to Portland Bureau of Planning, the planned improvements to NE Alberta Street pedestrian infrastructure will further enhance walkability scores according to Metro regional government.

Transit/School FeatureDetailsImpact on Property Values
Vernon Elementary0.3 mi from Alberta St+3-5% for adjacent homes
MAX Yellow Line0.5 mi at Interstate/Killingsworth+5-8% for transit-adjacent
Bus Line 72Along KillingsworthModerate access premium
Bike Score92Strong buyer appeal
Walk Score78Above Portland average

According to Zillow, properties within 0.5 miles of MAX Light Rail stations in NE Portland command a 5-8% price premium over similar homes farther from transit according to Portland Metropolitan Association of REALTORS. According to NAR, transit-adjacent properties sell 15% faster on average according to Oregon REALTORS.

Rental Market and Investment Analysis

According to Zillow rental data, Alberta Arts District median rent reached $1,850 per month in 2025, a 5.2% increase over 2024 according to Realtor.com. According to Oregon Office of Economic Analysis, Portland's rental market tightened significantly after pandemic-era out-migration reversed, with vacancy rates dropping below 4% across NE Portland according to U.S. Census Bureau housing data.

Investment MetricAlberta ArtsPortland Metro
Median Monthly Rent$1,850$1,550
Gross Rental Yield4.3%3.8%
Vacancy Rate3.8%5.2%
5-Year Appreciation45%28%
Cap Rate (Typical)4.1%3.5%
Rent Growth (YoY)5.2%3.8%

According to NAR investment property research, Alberta's combination of strong appreciation (45% over five years) and above-average rental yields (4.3% gross) makes it attractive to both equity-growth and cash-flow investors according to Zillow. According to Portland Bureau of Planning, Portland's ADU-friendly zoning allows property owners to add accessory dwelling units, boosting rental income potential by $1,200-$1,800 per month according to Oregon Office of Economic Analysis.

Frequently Asked Questions

What is the median home price in Alberta Arts District?

According to RMLS, the median sale price for Alberta Arts District reached $520,000 in 2025, representing 6.3% year-over-year growth according to Portland Metropolitan Association of REALTORS. Single-family craftsman bungalows average $485,000 while new-construction townhomes average $620,000 according to Zillow.

How fast are homes selling in Alberta Arts District?

According to RMLS, well-priced Alberta listings average 24 days on market, with properties under $500,000 frequently receiving multiple offers within the first week according to Portland Metropolitan Association of REALTORS. The list-to-sale price ratio reached 100.8% in 2025, indicating slight bidding pressure according to Redfin.

What is the rental yield for Alberta Arts District investment properties?

According to Zillow, Alberta Arts District gross rental yields average 4.3%, compared to 3.8% for Portland metro overall according to Realtor.com rental data. A $520,000 property renting at $1,850 monthly generates $22,200 annually before expenses according to Oregon Office of Economic Analysis.

How has gentrification affected Alberta Arts District home values?

According to Portland Bureau of Planning, Alberta's transformation from a historically Black neighborhood to an arts-focused corridor has driven 45% price appreciation over five years according to Zillow trend data. According to U.S. Census Bureau data, median household income in the area increased 32% since 2018 as demographic shifts continued.

What are the best farming strategies for Alberta Arts District?

According to NAR and Portland Metropolitan Association of REALTORS, the most effective Alberta farming combines Last Thursday event marketing, craftsman-home-focused content, and geo-targeted social media advertising according to Oregon REALTORS. Agents using automated platforms like US Tech Automations to coordinate these channels report 60% time savings on campaign management.

Is Alberta Arts District a seller's market?

According to RMLS, with 2.2 months of inventory and a 100.8% list-to-sale ratio, Alberta Arts District qualifies as a strong seller's market according to NAR market classification guidelines. Properties priced competitively in the $450,000-$550,000 range receive an average of 3.8 offers according to Portland Metropolitan Association of REALTORS.

What is the property tax rate in Alberta Arts District?

According to Multnomah County Assessor, the effective property tax rate for Alberta properties averages 1.08% of assessed value, resulting in approximately $5,616 annually on a $520,000 home according to Oregon Office of Economic Analysis. Oregon's Measure 50 limits assessed value growth to 3% per year regardless of market appreciation.

How does Alberta Arts District compare to nearby NE Portland neighborhoods?

According to RMLS, Alberta's $520,000 median price is 8% above the Concordia neighborhood ($481,000) and 15% below Irvington ($598,000) according to Portland Metropolitan Association of REALTORS. According to Zillow, Alberta's 6.3% annual appreciation rate leads NE Portland neighborhoods.

What school options exist in Alberta Arts District?

According to Portland Public Schools, Alberta is served by Vernon Elementary, Beaumont Middle School, and Grant High School according to U.S. Census Bureau school enrollment data. According to Oregon Department of Education, Grant High School holds a 7/10 rating on GreatSchools, making it competitive among Portland public high schools.

According to RMLS and Portland Metropolitan Association of REALTORS, Alberta Arts District's $520,000 median price, 6.3% annual appreciation, and 290 annual transactions make it one of NE Portland's most productive farming targets. The neighborhood's cultural identity, centered on Last Thursday art walks and independent retail, creates community engagement opportunities unavailable in conventional residential areas.

Agents who build systematic farming campaigns leveraging Alberta's unique cultural assets will differentiate themselves in a competitive market. US Tech Automations provides the multi-channel automation platform to coordinate your Alberta farming across direct mail, email, social media, and event marketing — converting neighborhood knowledge into consistent closings.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.