Portland neighborhood highlight: Kenton
Potential property buyers looking for a community to call home may want to consider Kenton, in the northern quadrant of Portland. Bordered by Arbor Lodge and Piedmont, the community is close enough that residents have easy access to the downtown Portland area, but is far enough away for them to enjoy some peace and quiet.
Real estate in Portland is in relatively high demand, and it is no different in the 97217 ZIP code area. According to ZIP Data Maps, the average real estate asking price is $261,752. However, the average real estate sale closing sum is lower, at $232,730.
Professionals find this neighborhood ideal thanks to the Max Light Rail, which is located on Interstate Avenue A. In addition, Kenton is approximately 7 miles outside of the downtown area – making it a quick drive.
According to the source, the current unemployment rate in Kenton is 7.79 percent. By contrast, in June 2012 it was 9.98 percent and it stood at 9.38 percent a year ago. Economic indicators such as employment levels and housing prices are improving in this quality Portland metro.