Multnomah County, OR Home Values & Market Trends
The median home price in Multnomah County, OR is $500,413.25. There were 10,152 home sales in Multnomah County, OR over the past 12 months. The median residential Multnomah County, OR home value for transactions over the previous year is $466,309.266. The number of current listings in Multnomah County, OR is 943, and the percentage of properties for sale is 943.00%. The county has 209 foreclosures, 26 bank owned properties, 169 headed for auction, and 943 properties for sale.
Multnomah County, OR Real Estate Market Overview
Housing Market Summary for Multnomah County, OR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $519.6K | $489.2K | -5.85% |
| Median Sold Price | $515.9K | $489.2K | -5.17% |
| Homes For Sale | 831 | 822 | -1.08% |
| Homes Sold | 6,493 | 5,756 | -11.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Multnomah County, OR
Browse Homes in Multnomah County, OR
Multnomah County, OR home values range from $18,376 to $24,238,978. Corbett is the priciest city with a median listing home price of $969,000, and Troutdale is most affordable with average house prices of around $464,500.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Multnomah County, OR with Portland containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Multnomah County, OR; of those cities, the estimated home value for pre-foreclosure homes ranges from $678,170 in Gresham to the lowest home value of $175,564 in Portland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Multnomah County, OR ranges from the highest value of $1,064,580 in Gresham to the lowest value of $118,400 in Portland. Bank owned homes and properties account for 0.01% of properties in Multnomah County, OR. There are 6 cities within Multnomah County, OR; Portland containing 22 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPortland has 156 auction properties, the highest number of properties going to auction in a single city in the state of Multnomah County, OR. Auction homes and other auction properties account for 0.07% of all properties in Multnomah County, OR. There are 6 cities within Multnomah County, OR; of those cities, the median estimated home value for homes going to auction ranges from $1,650,000 in Troutdale to the lowest value of $176,687 in Troutdale.
Compare Nearby Cities
More Real Estate Resources for Multnomah County, OR
Guide for Multnomah County, OR
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.
